Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 03-07-2016, 03:50 PM
Junior Member
 
Join Date: Mar 2016
Posts: 2
Question Am I qualified for Obamacare health insurance?

Hi, I recently asked my accountant and my insurance agent, they both gave me different answers about the income requirements for buying Obamacare.
I file a tax return this year with married filing joint status, no dependents. I want to buy Obamacare for 2016, my accountant told me we are qualified for Obamacare as long as our yearly income between $15,730 - $62,920, but my insurance agant told me we have to have income over $22,000 to qualify for Obamacare or else I will not able to buy insurance this year. our income for 2015 is around $18,000, so I am very concern that me and my husband are not qualified for Obamacare this year. Please advise. Thank you so much!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 03-07-2016, 06:05 PM
Moderator
 
Join Date: Oct 2010
Posts: 5,233
it deepdns on region or plan or etc. Open enrollment starts Nov. 1, 2015, and continues through Jan. 31, 2016.First of all as you k now, in 2015 as your income is so low that you aren?t required to file a tax return, then you're automatically exempt from the penalty. for married couples, the cutoff was $20,600. Even if you do file a return -- to claim a refund, you're exempt from the insurance requirement since your income is below the cutoff of $20,600.
Plz visit the website here and follow the instructions for more accurate answer. https://quotes.healthcare.com/picreel



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #3 (permalink)  
Old 03-07-2016, 07:34 PM
Junior Member
 
Join Date: Mar 2016
Posts: 2
Question

Wnhough,

Thank you for reply. I live in California, married filing jointly, no dependents, 2015 income is $18,000. Would you be able to tell me if I am qualified to buy Obamacare this year based on these information?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #4 (permalink)  
Old 03-08-2016, 10:51 AM
Moderator
 
Join Date: Oct 2010
Posts: 5,233
Quote:
Originally Posted by Suzen View Post
Wnhough,

Thank you for reply. I live in California, married filing jointly, no dependents, 2015 income is $18,000. Would you be able to tell me if I am qualified to buy Obamacare this year based on these information?
I CAN NOT do it ;you can do it by supplying yur personal info i.e., zip code or etcinto the website and follow the instructions then you'll find out.....



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What is the "Minimum Essential Coverage required by a Health Plan" by taxpayers in order to avoid incurring the Health Insurance penalty? TaxGuru Medical 0 02-03-2014 02:32 PM
Starting in 2014, Taxpayers may be eligible for the Premium Tax Credit if they purchase health insurance through the Health Insurance Market Place TaxGuru General 0 11-06-2013 03:27 PM
health insurance via partner's job eala Itemized Deductions 1 04-19-2011 09:31 AM
Health Insurance Deduction MrJ71 Itemized Deductions 0 02-04-2011 05:34 PM
health insurance sportmommy3 C-Corporation 0 12-22-2010 10:30 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning