Tuesday, October 13, 2015

The Affordable Care Act (Obamacare) and People with Health Insurance

The title to this post should be - What should people who have health insurance be doing about the Affordable Care Act (Obamacare) right about now - but that was too long.

This is really simple, and should be easy, but if you don't plan ahead and figure this out, you could have a delay in your taxes.  You are going to need a 1095A, B or C to file your taxes.  You can't do them without it!  You need to figure out where this will be coming from, how you will get it, and when to expect it.

For most of you, this will come from the same place as your W-2 (For military it will be on MyPay).  For some of you, it could be coming from your employer, your insurance provider, or an ACA marketplace.  So start with your employer, or the marketplace and see what they say.  If they don't help, contact your insurance provider.  Once you figure it out SIGN UP FOR ELECTRONIC DELIVERY!!!  This way you'll get it faster, and don't have to worry about moving screwing things up.

Do yourself, and your tax guy, a favor and get this done.

Oh, and buy my book.  Seriously.  It is simply the BEST tax book that nobody's buying.  Check it out.  Tell your friends.  It's cheap.

Get the 2015 edition by clicking HERE

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