Note from the editor: This is a guest post from long-time reader KD. KD contributed Looking At the Big Financial Picture back in 2012. I also interviewed KD in Lifestyle Design: Choose Where You Live. Now six years later, KD shows us how to use a [...]
Self-Employed Health Insurance: COBRA, ACA, Health Sharing Ministry
After I gave my resignation, the first order of business was to buy health insurance. My former employer's health insurance covers me to the end of the month. I need insurance starting on the first of the following month. Basically I have four [...]
2017 2018 2019 Federal Poverty Levels (FPL) For Affordable Care Act
People who don't have health insurance from work can buy health coverage under the Affordable Care Act, also known as Obamacare. The premiums are made affordable by a premium subsidy in the form of a tax credit calculated off your income relative to [...]
Late Enrollment Penalty On Health Insurance
A new health care bill American Health Care Act passed in the House. Just like the new tax plan outline, who knows whether it will pass in the Senate or what will change. From the previous post Health Insurance As A Tax we came to know that health [...]
ACA Self-Employed Health Insurance In H&R Block Software
Last time when I looked at how different tax software handled the circular calculation of the ACA tax credit and theself-employed health insurance tax deduction, H&R Block software failed at the task. See Tax Software Bake-Off: Self-Employed [...]
Health Insurance As A Tax
As required by the Affordable Care Act, since a few years ago, employers started reporting to the employees the total cost of their group health care coverage. As an employee, you are still not taxed on this value. The employer's share of the premium [...]
Tax Filing For Self-Employed Health Insurance Through ACA
This post is brought to you by TurboTax. While this post was sponsored by TurboTax, all content and opinions expressed here are strictly my own. When you are self-employed, unless you still get health insurance through an employer, government, or [...]
Health Care Expenses Bunching
Bunching two years of property tax payments in alternate years has been a long-standing tax planning move near the end of the year. The idea is if you don't itemize your deductions every year, paying for this year's plus next year's property tax in [...]
Do The Math: HMO/PPO vs High Deductible Plan With HSA
Some companies offer only a high deductible health plan these days. Many other companies still offer both a high deductible health plan and at least one low-deductible traditional health plan. When the employee's share of the health plan premium is [...]
