Health Care

What do taxes and health care have in common? A lot. We can explain.

Affordable Care Act
Apr 9th, 2014

Health Care Q&A – Which Parent is Responsible for Kids’ Coverage?

We continue our series on the Affordable Care Act and how it affects you. See all of our Health Care posts for more information.   What are my obligations as a noncustodial parent to obtain health coverage for my children? Will I be penalized if the custodial parent decides to enroll them?       […]

Affordable Care Act
Mar 28th, 2014

Important Information for Immigrant Families Considering Enrolling in Marketplace Coverage

Ed note: The open enrollment deadline for healthcare coverage through the Marketplace is rapidly approaching on March 31. We have some important information for families with mixed-immigration statuses. Read more from The Tax Institute. Leer en español.  Many families have not enrolled in health care coverage through the ACA marketplace. This is especially true of many […]

Affordable Care Act
Mar 26th, 2014

Two Important Deadlines [VIDEO]

April 15 isn’t just an important date to know for filing taxes this year. It’s also the last day to file or amend a tax return for tax year 2010. March 31 is the deadline for open enrollment in a Marketplace health insurance plan, under the Affordable Care Act. If you’ve been without health insurance […]

Affordable Care Act
Feb 28th, 2014

Enroll for Health Insurance Soon or Pay The Price, Literally

Ed note: There’s a lot to understand about the new Affordable Care Act, but the issue that has many people very confused is the penalty. The Tax Institute’s lead tax research analyst Lindsey Buchholz explains when and how the penalty could affect you. Leer en español. If you are required to have minimum essential health care […]

Affordable Care Act
Feb 19th, 2014

Affordable Care Act Open Enrollment Ending, What to Know

Ed note: There are big changes for healthcare this year that may affect your taxes. Read on to get the most important information about the Affordable Care Act and Marketplace enrollment from The Tax Institute analyst Lindsey Buchholz. Leer en español. As we count down the days to spring and to “tax day,” there’s another important […]

Feb 13th, 2014

Healthcare Q&A – W-2 Reporting

We continue our series on the Affordable Care Act and how it affects you. See all of our Health Care posts for more information.   My employer is now reporting the cost of health care on my W-2. Is this taxable?                 No. In general, the cost of […]