Tax Policy Center

ACA tax penalty

Individual Taxes: TaxVox
It’s open season again for the Affordable Care Act (ACA) , when Americans can sign up for health care, often with the help of large subsidies from the federal government. Millions of people will enroll but millions more won’t and many will have to pay much larger penalties on their 2016 tax returns
December 2, 2015Roberton C. Williams
: TaxVox
Congress is in recess and the Daily Deduction will post Mondays until it reconvenes. We’ll be back to our regular schedule on April 13. With just over two weeks till Tax Day, Treasury wants to clarify Affordable Care Act tax facts. It released fact sheets on common exemptions from the individual
March 30, 2015Renu Zaretsky