l****z
发帖数: 29846 | 1 ObamaCare Credits Could Trigger Surprise Tax Bills for Millions: “That’s
scary. I had no idea, and I work in health care”
by Jammie
Nobody in Washington read the damn bill, so why would anyone expect the
schlubs forced into ObamaCare to know what the hell surprises await them. Is
it any wonder Obama’s running around campaigning on anything other than
ObamaCare these days? He’d rather focus on anything else to distract the
low-information voters out there.
Millions of people who take advantage of government subsidies to help
buy health insurance next year could get stung by surprise tax bills if they
don’t accurately project their income.
President Barack Obama’s new health care law will offer subsidies to
help people buy private health insurance on state-based exchanges, if they
don’t already get coverage through their employers. The subsidies are based
on income. The lower your income, the bigger the subsidy.
But 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.
“That’s scary,” says Joan Baird of Springfield, Va. “I had no idea,
and I work in health care.”
Sorry, Joan, too late. The American people have spoken and they want to be
punished.
Baird, a health care information management worker, is far from alone.
Health care providers, advocates and tax experts say the vast majority of
Americans know very little about the new health care law, let alone the kind
of detailed information many will need to navigate its system of subsidies
and penalties.
“They know it’s out there,” said Mark Cummings, who manages the H&R
Block office where Baird was getting her own taxes done. “But in general,
they don’t know anything about it.”
Well, now, that sums things up nicely, huh? They know it’s out there, but
don’t know anything about it. Wonderful. |
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