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Know the Key Dates for Health Care Reform
The Affordable Care Act (ACA) open enrollment periods vary from year-to-year, but are expected to continue to be late in fall to early winter. Being aware of health care reform key dates can mean avoiding tax penalties for remaining uninsured. Read more…

Are Medical Expenses Tax Deductible?
Medical expenses can be tax deductible. Learn which expenses might be deductible on your 2021 taxes that you’ll file in 2022. 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…

Deducting Health Insurance Premiums If You're Self-Employed
Most self-employed taxpayers can deduct health insurance premiums, including age-based premiums for long-term care coverage. Write-offs are available whether or not you itemize, if you meet the requirements. Read more…

Are Short-Term Disability Claim Payments Considered Earnings?
Temporary disability, such as an injury, serious medical condition, or even pregnancy, can be covered by short-term disability payments obtained through private insurers, and they may be part of an employer's compensation to employees. Whether the payments are taxable depends on how and when they are paid. Read more…


More Health Care Articles

Video: Who Qualifies for an Affordable Care Act Exemption (Obamacare)? Video: Affordable Health Care Act Explained—Obamacare Facts Video: What is the Affordable Care Act Individual Mandate? What is Form 8853: Archer MSAs and Long-Term Care Insurance Contracts What Is IRS Publication 502? Flexible Spending Accounts: A Once-A-Year Tax Break Is Your Life Insurance Taxable? What Is the Individual Shared Responsibility Provision? The Ultimate Medical Expense Deductions Checklist Health Insurance Assistance for the Unemployed 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 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

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