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Old 03-30-2015, 06:04 PM
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obama care ins

Ok this is the short verision, signed up in March 2014 for health care paid my monthly 120.. fee to get insured, got married in Oct 2014, went on wifes ins in Dec 2014, cancelled my govt. ins in 12/2014 filed taxes now im being pentalized my tax return which they took 1400.00 and they say i owe $800 more, because i had a cheaper plan ( which was what i could only offord) then the more expensive one in march 2014

am i the only one this has ahppened too?,,



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Old 03-31-2015, 02:32 AM
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Originally Posted by mrboston21 View Post

am i the only one this has ahppened too?,,
I donot think so there are tons of TPs, 6 million, that are paying penalties of hundreds of dollars. beginning in April if you had access to health insurance then, you can no longer be covered under her insurance. her employer doesn’t want to subsidize your employer (who isn’t paying anything toward your benefits or your children’s benefits.). however, even if your wife has insurance through her employer, you can get coverage through the exchanges,but, you cannot get a subsidy to help pay for health insurance in the marketplace. The subsidies are based on income. The lower your income, the bigger the subsidy.
However, depending on your age and the type of coverage you want, you might find that you can get an individual plan for less than $400, even without a subsidy. you can shop in the marketplace or “off-exchange” (directly through a health insurance carrier or a broker) and see what’s available in your state. If you doesn’t mind a relatively high deductible, a Bronze plan might be a good way to lower your premium costs.

Note; the government doesn’t know how much money you’re going to make next year. And when you apply for the subsidy, this fall, it won’t even know how much you’re making this year. So, unless you tell the government otherwise, it will rely on the best information it has: your 2012 tax return, filed this spring.
What happens if you or your spouse gets a raise and your family income goes up in 2014? You could end up with a bigger subsidy than you are entitled to. If that happens, the law says you have to pay back at least part of the money when you file your tax return in the spring of 2015.
That could result in smaller tax refunds or surprise tax bills for millions of middle-income families.



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Old 04-01-2015, 03:45 PM
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Join Date: Mar 2015
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I think i mis wrote what happened,,,, i signed in March 2014 for gov health care, i got married in Oct.2014 in DEC 2014 I CANCELLED MY GOV. HEALTH INS AND WENT ON MY WIFE'S INS THROUGH WALL MART in dec 2014. so technical i was covered all year .. i was one of those who got the wrong letter form the market place i had already filed .. so they say because i choose a lesser plan in March of 2014 ( which was all i could afford) now i owe another 800, on top of them 1400 they kept i am currently on my wife's ins since dec 2014 how can this be,, i read they cannot penitently me is this true since i received the wrong letter for the gov about my gov health ins..



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