You pay higher Medicare Part B and Part D premiums if your income exceeds certain thresholds. Here are the IRMAA income brackets for 2022 and 2023.
ACA Premium Subsidy Cliff Turns Into a Slope In 2021 and 2022
President Biden’s COVID stimulus package American Rescue Plan turns the ACA premium subsidy cliff to a slope in 2021 & 2022. The cliff will return in 2023.
Cap On Paying Back ACA Health Insurance Subsidy Premium Tax Credit
If your income is higher than estimated, you need to pay back some of the ACA health insurance subsidy. The repayment cap may help in some cases.
ACA Health Insurance Enrollment: Request Subsidy Upfront Or Not
Although you will be required to submit more documentation, you should estimate your income as low as possible and get the highest premium subsidy upfront.
When TurboTax and H&R Block Give Self-Employed Wrong ACA Subsidy
If you’re self-employed on ACA health insurance, TurboTax and H&R Block software may give wrong numbers for the subsidy. Use this calculator instead.
Self-Employed ACA Health Insurance Subsidy In H&R Block Tax Software
If you’re self-employed and you buy health insurance from the ACA exchange, here’s how to use H&R Block software to calculate the subsidy and tax deduction.
Self-Employed ACA Health Insurance Subsidy and Deduction In TurboTax
If you’re self-employed and you buy health insurance from the ACA exchange, here’s how to use TurboTax to calculate the subsidy and tax deduction.
2020 2021 2022 Federal Poverty Levels (FPL) For ACA Health Insurance
The Federal Poverty Levels (FPL) is used to determine the premium subsidy tax credit under the Affordable Care Act. You must know where the cutoff is.
2021 California ACA Health Insurance Premium Subsidy
California offers premium assistance for ACA health insurance to some residents who don’t qualify for the federal subsidy.
ACA Health Insurance: Price To Cover Two People Versus Just One
Surprisingly it can cost more to cover just one person on ACA health insurance than covering two people.
When ACA Tax Credit Makes Your Premium Nearly Double Or Go To Zero
When you receive ACA premium tax credit, the gap in the premium between the benchmark Silver plan and the plan you choose can make a big difference.
See A Doctor Out of Network And Pay Less Than The In-Network Rate
Having a very high deductible on health insurance gives you the freedom to choose any provider and pay less than the rate you’d otherwise pay through insurance.