Tax Information Links
Affordable HealthCare Act
The Affordable Care Act puts consumers back in charge of their health care. Under the law, a new “Patient’s Bill of Rights” gives the American people the stability and flexibility they need to make informed choices about their health.
Understanding the ACA
The Affordable Care Act puts consumers back in charge of their health care. Under the law, a new “Patient’s Bill of Rights” gives the American people the stability and flexibility they need to make informed choices about their health.
Understanding the ACA
How Big is the ACA Tax Penalty?
Since 2014, the Affordable Care Act (ACA) has required most Americans to have health insurance. People who don’t comply have to pay a penalty, the amount of which depends on several factors, including income and family size. This calculator lets you estimate the potential ACA penalty for individuals and married couples who don’t have health insurance coverage required by the ACA.
ACA Tax Calculator
Since 2014, the Affordable Care Act (ACA) has required most Americans to have health insurance. People who don’t comply have to pay a penalty, the amount of which depends on several factors, including income and family size. This calculator lets you estimate the potential ACA penalty for individuals and married couples who don’t have health insurance coverage required by the ACA.
ACA Tax Calculator
IRS Tax Credits & Deductions
There are a variety of credits and deductions for individual and business taxpayers.
The Earned Income Tax Credit and the Child and Dependent Care Credit help millions of families every year. There are also a number of credits for small and large businesses. You may have taken deductions when you prepared your annual tax return. In addition to the standard deduction for individuals, common deductions include home mortgage interest, state and local tax, and charitable contributions. Many business expenses are deductible as well.
IRS Credits & Deductions
There are a variety of credits and deductions for individual and business taxpayers.
The Earned Income Tax Credit and the Child and Dependent Care Credit help millions of families every year. There are also a number of credits for small and large businesses. You may have taken deductions when you prepared your annual tax return. In addition to the standard deduction for individuals, common deductions include home mortgage interest, state and local tax, and charitable contributions. Many business expenses are deductible as well.
IRS Credits & Deductions