WHAT IS THE AFFORDABLE CARE ACT?
Before you head over to your local ATC office and file your tax return, lets take a deeper look at the basics of what the ACA is and how it could impact your taxes or your refund.
Did you know health care laws have undergone a recent change with The ACA – sometimes known as Obamacare - swinging in motion? Stop by the nearest ATC office and sit down with an ATC Tax Professional to learn how your taxes will be impacted.
Before you head over to your local ATC office and file your tax return, lets take a deeper look at the basics of what the ACA is and how it could impact your taxes or your refund.
The premium tax credit is a refundable tax credit designed to help eligible individuals and families with low to moderate income better afford health insurance purchased through the Health Insurance Marketplace.
ACA comes with four distinct plans that you can choose from: Bronze, Silver, Gold and Platinum. To get a good understanding of the differences of each plan, head to your nearest ATC Tax Office and sit down with one of our tax professionals. They’ll help you with a plan that’s right for you.
Affordable Care Act (ACA) – Form 1095-A and what it means for your taxes
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