TTB Health Care Reform Overview page

[BP.]

TTB's Tools for Tax Pros has an information page called Health Care Reform Overview.

The page has this statement with client signature spaces at the bottom:

"My tax preparer has provided me with information about the requirement to have health insurance, financial assistance available, and sources where I can obtain additional information."

The page is also #1-3 in the Health Care & Retirement book, but without the statement and signature space.

Besides using due diligence for tax return preparation, are preparers under a duty to provide clients the info in the quoted statement, too? (i.e.- Why collect a signature?) Will you use this in your process?

[mastertaxguy]

health care overview

TTB's Tools for Tax Pros has an information page called Health Care Reform Overview.

The page has this statement with client signature spaces at the bottom:

"My tax preparer has provided me with information about the requirement to have health insurance, financial assistance available, and sources where I can obtain additional information."

The page is also #1-3 in the Health Care & Retirement book, but without the statement and signature space.

Besides using due diligence for tax return preparation, are preparers under a duty to provide clients the info in the quoted statement, too? (i.e.- Why collect a signature?) Will you use this in your process?

We used this form (with some additions) last tax season so that returning clients will NOT blame us if they have a penalty for lack of MEC or have to repay APTC. All of us on this forum can do whatever we want. We used it--it worked.