IRS has another form for taxpayers

The U.S. Internal Revenue Service has come up with another form for overseas U.S. citizens.

The form, No. 8965, is used to claim an exemption from the mandatory health insurance coverage under Obama care, the so-called Affordable Care Act.

The form is filed with the annual tax return, according to American Citizens Abroad, an expat advocacy group.

U.S. citizens who are not physically present in the United States for at least 330 full days within a 12-month period are treated as having minimum essential coverage for that 12-months regardless of whether they enroll in any healthcare coverage, the organization said.

In addition, U.S. citizens who are bona fide residents of a foreign country for an entire taxable year are treated as having minimum essential coverage for that year, American Citizens Abroad said.

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