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Loyola Marymount UniversityHealth Care and Dependent Care Spending Accounts Plan DocumentEffective Date: June 1, 20081Loyola Marymount University Plan Document Part I. Key Plan Provisions.............................................................
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What is health care and dependent?
Health care and dependent refers to the provisions related to health care coverage and the tax implications of claiming dependents on your tax return.
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Taxpayers who have health care coverage through an employer, government program, or individual plan, as well as those claiming dependents, must file health care and dependent forms.
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You must gather your health care coverage information and dependents' details, then complete the relevant sections of your tax return, ensuring all required information is accurately reported.
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The purpose is to report health care coverage to ensure compliance with health care mandates and to provide necessary information for claiming dependent-related benefits on taxes.
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You must report health care provider information, coverage start and end dates, and details about any dependents you claim, including their names and Social Security numbers.
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