January 19, 2019 – Q. Is the Obamacare individual mandate just based on the honor system? A: In some ways, yes. But although the individual mandate penalty… Read more
If I decline my employer-sponsored plan and try to get a subsidized exchange plan, will the IRS know?
December 17, 2018 – Q. If I decline by employer-sponsored health plan and apply through the exchange instead - and try to get a premium subsidy - would the… Read more
November 26, 2018 – Q. I saw that the percentage of income I have to pay for my health insurance is higher for 2019, after decreasing for 2018. Is the IRS… Read more
February 16, 2018 – Q. I've heard that the government won't really be able to enforce the penalty for not having health insurance. Is this true? A: Although… Read more
January 15, 2018 – If recipients end up earning more than anticipated, they could have to pay back some of the subsidy. This can catch people off guard,… Read more
If I owe income tax and the ACA penalty but don’t plan to pay the ACA penalty, will the IRS apply my payment to my penalty or to my income tax?
January 12, 2018 – Q. If I owe income tax and the ACA penalty but don’t plan to pay the ACA penalty, will the IRS apply my payment to my penalty or to my… Read more
How does my access to employer-sponsored coverage impact my eligibility for subsidized coverage through the exchanges?
January 3, 2018 – A. You're correct that your household income is under the cutoff for subsidy eligibility, which will be $113,760 for a family of five when… Read more
April 3, 2017 – Q. If the IRS doesn't owe me a refund, how will it enforce the penalty? Will IRS agents be coming to our homes to collect it? I have read… Read more