10 Simple Obamacare Tax Tips for 2016
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There are a few taxes related to ObamaCare that require the attention of most tax paying Americans. Below we review the most important tax tips for 2016.
Last Minute Advice for ObamaCare 2016 Open Enrollment
If you haven’t yet enrolled in coverage for 2016, you are pushing it. Your last chance is January 31, 2016.
ObamaCare’s Sticking Points
Out-of-pocket costs, the GOP’s rejection of Medicaid, the family glitch, and premium increases. These are ObamaCare’s sticking points.
Subsidios de ObamaCare
Subsidios de ObamaCare en el Mercado de Seguros Médicos de su Estado Los subsidios de ObamaCare pueden ahorrarle dinero en sus primas y pagos adicionales. Los subsidios de ObamaCare solo están disponibles a través del Mercado de seguros, veamos que son los subsidios, cómo funcionan y cómo los puede aplicar para lograr un seguro médico… Read More
ObamaCare Ransom Demands – Subsidy Extension for the Mandates
If the Supreme Court rules against ObamaCare’s subsides the GOP has offered to allow subsidies to continue until 2016, in exchange for gutting the mandates. This isn’t the only proposal we have seen from the GOP in this regard, but is instead it is the common theme behind a number of different GOP based ideas…. Read More
Last Chance For Coverage is April 30, 2015
Open enrollment ended February 15, 2015 but last minute shoppers have until April 30 to get covered and avoid the fee, if they don’t have a health plan yet. *Healthcare.gov customers and select states only.
ObamaCare Taxes Due April 15
Here are some last minute tax tips for ObamaCare about claiming tax credits, claiming exemptions, using your 1095-A form, and filing for extensions.
Why ObamaCare is Not Socialism
ObamaCare isn’t “socialism”. Under ObamaCare we have a regulated private health care industry that uses a mix of public and private funding..
Open Enrollment 2.5 For Those Who Owe the Fee
From March 15th to April 30th 2015 there is a Special Enrollment Period in the Health Insurance Marketplace for families who don’t have coverage and would owe the fee on their 2014 taxes.
Why Do I Owe Money for ObamaCare on my Tax Returns?
You probably owe the Individual Shared Responsibility Payment since you only had qualifying health coverage for 5 months out of the year. This fee is charged on your year-end tax return. You could also owe money if you didn’t claim exemptions on form 8965, or you received too much money in tax credits up front.
What If I Didn’t Have Health Insurance?
Under the Affordable Care Act (ObamaCare) if you didn’t have health insurance for the whole year you may owe the fee, but if you had coverage for some of the year you may qualify for an exemption.
Expensive Pink Eye Story
I am 24 years old and live in Iowa. Over the last year and a half I have graduated from Iowa State University, and since had to replace my student health care coverage. After searching numerous marketplaces, the government exchange being the most expensive for the least coverage, I found a sub par private coverage… Read More
11.4 Million People Enrolled in ObamaCare for 2015
By the end of open enrollment 2015 an estimated 11.4 million people were enrolled in ObamaCare.
Last Chance to Enroll in a Health Plan For 2015 is Today February 15th
Barring any official extensions, today February 15th, 2015 is the last day to enroll in a health plan for 2015.
ObamaCare Tax Extension, An Extra Sign-up Period to Avoid the Fee
There may be an extra enrollment period during tax season due to an ObamaCare enrollment extension that would let people sign-up and avoid the fee.
When Does Open Enrollment End?
Open enrollment ends February 15th. That means February 15th is your last chance to get cost assistance and coverage each year, unless you qualify for a special enrollment period.
ObamaCare Replacement Plan: “CARE” Act Facts
Get the facts on the ObamaCare replacement plan by Burr, Hatch, and Upton: the Patient Choice, Affordability, Responsibility, and Empowerment (CARE) Act. Below we present a summary, some quick facts, a pros and cons chart, a complete section-by-section breakdown, and finally we compare the CARE Act proposal to ObamaCare. Keep in mind this is an older replacement… Read More
Open Enrollment Ends February 15th!
ObamaCare’s Open enrollment ends on February 15th, are you covered? Time is running out to get coverage for 2015.
ObamaCare 1040 Forms
Everything You Need to Know About Your 1040 and the ACA You’ll need to file a 1040 form under ObamaCare, find out what sections of the 1040 apply to health insurance and what type of 1040 you need to file. Need to Print Out a 1040 Form? Get a list of all 1040 forms and instructions… Read More
ObamaCare Exemptions List
A list of ObamaCare’s Exemptions, including Hardship Exemptions, you can apply for in order to qualify for Special Enrollment or be exempt from the fee can be found below. This page just covers the basics, see our page on ObamaCare Exemptions for further details on exemptions and the fee (active on plans held in 2014 –… Read More
Obamacare Tax Refund
How Tax Refunds for Advanced Tax Credits Work under the Affordable Care Act Millions may get a tax refund under ObamaCare. If your income was lower than projected, and you had a Marketplace plan, you may get an ObamaCare tax refund. NOTE: This article was written in 2015, but has been updated for 2019 –… Read More
Federal Tax Filing Requirement Thresholds
Everything You Need to Know About the Tax Filing Thresholds Federal Tax Filing Requirement Thresholds are used to determine if you file your taxes or not. Filing threshold is based on Gross Income and filing status. What is the tax filing threshold? The tax filing threshold for a single adult under 65 in 2018 is $12,000…. Read More
Form 8965, Health Coverage Exemptions and Instructions
Find out how to fill out Form 8965, Health Coverage Exemptions, the form for reporting ObamaCare Exemptions. We provide a simplified breakdown of form 8965. Due to changes in the tax structure under Trump there will be no federal fee for not having health coverage in most states for 2019 forward, thus exemptions won’t be… Read More
Form 1095-A, 1095-B, 1095-C, and Instructions
The 1095 forms are filed by the marketplace (1095-A), other insurers (1095-B), or by your employer (1095-C). We have simple instructions for the 1095 forms. Keep in mind the 1095 forms are filed by whoever provided you coverage, so individuals won’t have to fill them out themselves. TIP: This page has been updated for 2022 (although on-page… Read More
Health Insurance Quotes
Get health insurance quotes and find out if you qualify for cost assistance from CMS approved brokers and on HealthCare.Gov. Below we will discuss the best ways to get health insurance quotes (HINT: Start at ObamaCare’s Health Insurance Marketplace sometimes called “the Marketplace” AKA HealthCare.Gov). We’ll also give you lots of helpful advice to help ensure you get… Read More