IRS to Begin ObamaCare Info Sharing

Will provide information to states to determine who is eligible for tax credits

The IRS has finalized its rule for disclosing taxpayer information under provisions of ObamaCare.

The agency will share personal information such as income and tax filing status with states and other agencies to confirm whether or not people are eligible for tax credits to buy health insurance in new state-based marketplaces.

Republicans and critics of the healthcare reform law have questioned the tax agency's ability to effectively safeguard Americans' personal information when it is shared with outside officials. They have worried that people could have their identities stolen or have sensitive details made public.