ACA surtaxes can refer to one of two new taxes created by the Affordable Care Act. 1) A 0.9% surtax on wages above $200,000 for a single person, and $250,000 for a married person, and 2) A 3,8% surtax on investment income for people whose income is above $200,000 if single and $250,000 if married.
The short answer is: no, you do not need to have Form 1095-C in your possession before you file. Longer answer below.
The Patient-Centered Outcomes Research Fee is due on July 31 of each year.
Will Obamacare tax home sale? For most people, the answer is no, but it could happen.
It’s that time of year again for certain employers and insurance companies to pay the “Patient Centered Outcomes Research Fee.”
Do I Have to Have Form 1095-A Before I Can File? The short answer is: YES!
Here are the questions this tax preparer is asking clients about the ACA
Reading about the Affordable Care Act doesn’t make one an “ACA Specialist.”
Robert Flach at his “The Tax Professional” blog asks the following question regarding Affordable Care Act penalties assessed on tax returns against people who do not carry health insurance: What is our legal responsibility as tax preparers when it comes to calculating the new convoluted and potentially expensive Obamacare penalty for clients who are not […]
Below I am re-publishing a blog post I wrote last July (with edits and updates) regarding the “Patient Centered Outcomes Trust Fund” fee that is assessed against employers who have health reimbursement arrangements (HRAs). The only change for this year is that the fee is now $2 per person (it was $1 per person last […]