Wednesday, February 3, 2021

CLOUD 9 NEWS: California's Faith Based 2020 Healthcare Tax Exemption New Form 3853 Replaces I.R.S. Form 8965

Since wonderful clouds aren't as plentiful the past few months over San Francisco, I'm implementing a new section to this blog called Cloud 9 News

Good news this tax season! The 2020 Federal tax filing date has been delayed to February 12, 2020 so you can now take your time. California's Franchise Tax Board is taking its time as well delaying its 540 form instructions with its 2020 tax schedule.

If you're a member of a faith based Healthcare Ministry, this year you no longer are required to file IRS Healthcare Exemption form 8965! If you live in California as I do, the new form to fill out for the exemption is California Form 3853.

The code for the ministry healthcare faith based providers is "F". The instructions are currently in draft form (pdf) on California's website here.

Christian Healthcare Ministries info about its Affordable Care Act qualifications is here.

Resources:


Form 3853 (Health Coverage Exemptions and Individual Shared Responsibility Penalty):

Draft Instructions for Form 3853 - See page 6 for code chart: