Health Care Tax Tips

Subscribe and receive all Health Care
tax guides via RSS

Recent Articles

Video: Who Qualifies for an Affordable Care Act Exemption (Obamacare)?
The Affordable Care Act requires all Americans to have health insurance or pay a tax penalty. But, who qualifies for an Affordable Care Act exemption? Find out more about who qualifies for an exemption from the Affordable Care Act tax penalty. Read more…

Video: Affordable Health Care Act Explained—Obamacare Facts
Watch a short video on the Affordable Care Act, also known as Obamacare, to see how the new health care law and health insurance marketplace affects you. Note: The content of this video is applicable to Tax Year 2014. Read more…

Video: What is the Affordable Care Act Individual Mandate?
The Affordable Care Act individual mandate (Obamacare) requires most Americans to have health insurance or pay a tax penalty, unless you qualify for an exemption. Learn more about the ACA individual mandate, plans that qualify as minimum essential coverage, who qualifies for an exemption and how the individual mandate may affect your taxes with this helpful guide from TurboTax. Read more…

What is Form 8853: Archer MSAs and Long-Term Care Insurance Contracts
An Archer medical savings account allows tax-sheltered investment growth within a savings account as long as funds are used to cover medical expenses. Form 8853 reports contributions and payments from Archer MSAs and payments from long-term care insurance contracts. Read more…

Video: The Affordable Care Act Tax Penalty Explained (Obamacare)
What is the Affordable Care Act tax penalty? Under the Affordable Care Act (Obamacare), if you can get health insurance and choose not to, and you aren't exempt for other reasons, you may have to pay a tax penalty. Beginning in 2019, although you are still required to have health insurance, there is not penalty for not having it. Read more…


More Health Care Articles

What Is IRS Publication 502? Know the Key Dates for Health Care Reform Flexible Spending Accounts: A Once-A-Year Tax Break Is Your Life Insurance Taxable? What Is the Individual Shared Responsibility Provision? Deducting Health Insurance Premiums If You're Self-Employed The Ultimate Medical Expense Deductions Checklist Health Insurance Assistance for the Unemployed Are Short-Term Disability Claim Payments Considered Earnings? Deducting Medical Expenses for a Major Illness or Injury What Is the IRS Form 8889? What Are Disability Tax Credits? Tax Deductible Pregnancy Medical Expenses What Is IRS Form 1099-SA: Distributions from an HSA, Archer MSA, or Medicare Advantage MSA? Video: What is the Affordable Care Act Cost-Sharing Subsidy (Obamacare)? How Health Care Reform Has Changed the Way You Pay Taxes How to Determine if You Have Minimum Essential Coverage (MEC) What Is Form 8885: Health Coverage Tax Credit Affordable Care Act (Obamacare) Survival Guide For ALEs Understand and Avoid Health Care Reform Tax Penalties The Most Important Tax Forms for ALEs (Applicable Large Employers) What is Form 1095-C: Employer-Provided Health Insurance Offer and Coverage What are ABLE Accounts? Tax Benefits Explained What is the Premium Tax Credit (PTC) and What is Tax Form 8962? Are Out-of-Pocket Medical Expenses Covered by ACA? 5 Steps to Navigate the Health Care Marketplaces Finding Your Health Care Marketplace What is Employer Sponsored Coverage? Are Medical Expenses Tax Deductible? Are You Exempt From Health Care Coverage? Essential Tax Forms for the Affordable Care Act (ACA) Video: How to Claim the Affordable Care Act Premium Tax Credit (Obamacare) Tax Deductions for Diabetes Health Care and Your Taxes: What's the Connection? What the Affordable Care Act Means for Vets Does Medicare Count as Minimum Essential Coverage (MEC) Do VA Benefits Count as Medical Insurance Coverage Under Obamacare? What is the Difference Between Forms 1094-C and 1095-C? Will Medicare/Medicaid be Impacted by ACA? What is the Shared Responsibility Payment? What is an ALE (Applicable Large Employer) for Health Care Reform? Employer Sponsored Health Coverage Explained What is Form 1095-A: Health Insurance Marketplace Statement What is Form 1094-B: Transmittal of Health Coverage Information Returns? What Is the Individual Mandate for Health Care Reform? What are 1095 Tax Forms for Health Care? What Are the Tax Penalties for Smokers? What is Code Section 6056 for Health Care Reform? Affordable Care Act Decoded Does Your Company Need to File Form 1095-B? What Is Form 8941: Credit for Small Employer Health Insurance Premiums What is Form 1095-B: Health Coverage What Is Form 8959: Additional Medicare Tax

TurboTax Blog »

Get tax tips and tricks, from quick fixes to long term strategies.

Ready to try TurboTax?

Start for Free