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Health Care

The ABC’s of the Affordable Care Act

October 16, 2015 (Last Modified: August 30, 2017) / TurboTaxBlogTeam
The ABC’s of the Affordable Care ActAffordable Care Act requires that most Americans have health insurance coverage or face a penalty on their taxes. Most Americans already have insurance through their employer, Medicaid, or Medicare, but if you’re uninsured, open enrollment for the Marketplace is now...

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Health Care

What are Your Health Insurance Options for Your New Family?

October 13, 2015 (Last Modified: July 12, 2019) / TurboTaxBlogTeam
What are Your Health Insurance Options for Your New Family?Having a baby is an exciting time in your life, full of many changes. Not only does your daily schedule alter, but you also have an opportunity to choose new health insurance options for your growing family. Having a baby...

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Health Care

In Sickness and in Health: Your Health Insurance Options After You Get Married

September 29, 2015 / TurboTaxBlogTeam
In Sickness and in Health: Your Health Insurance Options After You Get MarriedFirst of all, congratulations on your marriage! Health insurance might not seem like the most romantic topic of discussion for newlyweds, but it’s important that you take the time to talk through your options so you are both protected from...

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TurboTax News

TurboTax Restores Popular Forms to Desktop Software

September 29, 2015 (Last Modified: January 30, 2017) / TurboTaxBlogTeam
TurboTax desktop software products for 2015 will once again include popular forms that customers expect, reaffirming Intuit Inc.’s commitment to roll back changes made to last year’s product. The downloadable and CD versions of TurboTax Deluxe desktop software will again...

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Health Care

5 Life Events that Qualify You for Special Enrollment

September 18, 2015 (Last Modified: August 30, 2017) / TurboTaxBlogTeam
5 Life Events that Qualify You for Special EnrollmentCertain life events can qualify you and your family to sign up for health coverage, also known as a special enrollment period. If you are uninsured and missed open enrollment for 2015 health insurance, you can qualify for health insurance...

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Health Care

Affordable Care Act Update: New Information About Form 1095-B and 1095-C

September 14, 2015 (Last Modified: July 23, 2019) / TurboTaxBlogTeam
Affordable Care Act Update: New Information About Form 1095-B and 1095-C2016 marks the second year that Americans are required to report their health insurance status on their taxes under the Affordable Care Act (ACA). If you have health insurance through your employer, Medicaid, Medicare, VA, or other qualifying coverage, all...

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Health Care

Affordable Care Act Health Insurance Marketplace Open Enrollment is November 1st through January 31st [Video]

September 11, 2015 (Last Modified: July 23, 2019) / TurboTaxBlogTeam
Under the Affordable Care Act, most Americans need proof of health insurance coverage. Without health insurance, you could face an increased penalty for 2016 of $695 per adult in household or 2.5 percent of income when you file your 2016...

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Tax Deductions and Credits

Happy National Dog Day! How Finding Your New Best Friend Can Save You Money

August 26, 2015 / TurboTaxBlogTeam
Happy National Dog Day! How Finding Your New Best Friend Can Save You MoneyHappy National Dog Day! Today is a special day to celebrate our beloved four-legged furry friends. They can be great companions, show kids some responsibility (well sometimes), and great watchdogs, but man’s best friend can be very expensive. We often...

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Health Care

Summertime Tax Tips: Keeping Your Health Insurance Updated

August 11, 2015 (Last Modified: July 10, 2019) / TurboTaxBlogTeam
Summertime Tax Tips: Keeping Your Health Insurance UpdatedWith the summer in full swing, it can be easy to abandon that pesky “to-do” list in favor of beach days, vacation or just relaxing at home. But this is also the time when it really pays off to be...

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Health Care

Received a Tax Subsidy to Offset Health Insurance Costs? Don’t Forget to File Your Taxes!

August 4, 2015 (Last Modified: August 27, 2015) / TurboTaxBlogTeam
Received a Tax Subsidy to Offset Health Insurance Costs? Don’t Forget to File Your Taxes!UPDATED 8/27: If you were one of the many who purchased a Marketplace insurance plan for 2014 and received government subsidies also known as an advanced premium tax credit to help offset the costs, you may not be aware you...

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