[Completely rewritten with changes from the American Rescue Plan Act of 2021.] I have been buying health insurance on an exchange under the Affordable Care Act (ACA) since 2018. Before the ...
2020 2021 2022 ACA Health Insurance Premium Tax Credit Percentages
If you buy health insurance from healthcare.gov or a state-run ACA exchange, up through the year 2020, whether you qualify for a premium tax credit is determined by your income relative to the Federal ...
When TurboTax and H&R Block Give Self-Employed Wrong ACA Subsidy
When you're self-employed, you can deduct your health insurance premium on your tax return. When you buy health insurance through the ACA exchange, you can also get a premium subsidy when your income ...
Foreign Tax Credit With Form 1116 In TurboTax and H&R Block Software
When mutual funds and/or ETFs that invest in other countries receive dividends or interest, they have to pay taxes to those countries. After the end of the year, these mutual funds and/or ETFs report ...
Self-Employed ACA Health Insurance Subsidy In H&R Block Tax Software
Many self-employed business owners buy health insurance from the Affordable Care Act (ACA) exchange. Self-employed health insurance premiums are tax-deductible. When your income is low enough, you can ...
Self-Employed ACA Health Insurance Subsidy and Deduction In TurboTax
Many self-employed business owners buy health insurance through the ACA marketplace (healthcare.gov or a state-specific exchange). If your income qualifies for a subsidy, the exchange will pay part of ...