The IRS has released a notice that provides the applicable amount for the fee imposed by Section 9010 of the Patient Protection and Affordable Care Act (ACA) for the 2020 fee year. The 2020 applicable amount is $15,522,820,037. The 2020 applicable amount is determined by multiplying the fee for the 2018 base year (14,300,000,000) by the premium adjustment percentage for 2020 (1.0855118907), rounded to the nearest dollar.
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