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Understanding The Obama Care Individual Shared Responsibility Payments?

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Beginning in 2014, the individual shared responsibility provision of the Affordable Care Act kicked in requireing each individual to: Maintain a minimum level of health care coverage – known as minimum essential coverage, or Qualify for an exemption, or Make an individual shared responsibility payment when filing their federal income tax returns. Minimum essential coverage …

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Are You Affected By Obama Care AKA The Affordable Health Care Act?

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Obama Care has within it numerous different taxes. However everyone one is not affected the same. Let's take a look at how Obama Care's taxes affect certain income groups. Obama Care (Affordable Health care Act) Taxes for High Earners and Large Businesses Most of the new taxes are on what on so called high end …

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2014 Obama Care FAQ

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The Affordable Care Act – also known as Obamacare – provides government subsidies to certain eligible consumers beginning in January 2014. The goal of these subsidies is to make individually-purchased health insurance more affordable for households with annual income below thresholds specified by the law. Through its Customer Care Center – staffed with over 100 …

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