N-2018-84: premium tax credit

Internal Revenue Service (IRS) sent this bulletin at 10/18/2018 11:05 AM EDT

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October 18, 2018

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Issue Number: N-2018-84

Inside This Issue

Notice 2018-84 provides interim guidance clarifying how the suspension of the personal exemption deduction in § 151(d)(5) of the Tax Cuts and Jobs Act applies to certain rules under §§ 36B and 6011 relating to the premium tax credit, and under § 5000A relating to the individual shared responsibility provision. The notice also announces that the Treasury Department and IRS intend to amend the regulations under §§ 36B and 6011 to clarify the application of § 151(d)(5), and that until further guidance is issued the guidance in the notice applies.

Notice 2018-84 will be in IRB: 2018-45, dated 11/5/2018.

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