Leave a Review For: Poppy De Baere Barbara Cpa




(608) 253-2100


816 Church St,
Wisconsin Dells, WI 53965

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Certified Public Accounting

Open Hours

Mon – Fri. 9:00 Am – 5:00 Pm

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Health care tax credit warning Administration officials have revealed that 1.8m households receiving financial assistance for health insurance now have issues with their tax returns that could jeopardize their subsidies next year. Lori Lodes, communications director for the Centers for Medicare and Medicaid Services, which runs HealthCare.gov, said: “There’s still time [to resolve the situation], but people need to take action soon.” Consumers who got health care tax credits . are required to file tax returns that properly account for them, even if they are unaccustomed to filing because their incomes are low. Unless they follow through, “they will not be able to receive tax credits to help lower the cost of their health insurance for 2016”, Lodes explained. Separately, the IRS is seeking public comment on the so-called Cadillac tax – one of the most controversial features of the Affordable Care Act that targets high cost health care plans. Seattle Times Forbes US News & World Report

Will the subsidies remain? Here are the three options and what we would have to do with those whose tax returns are affected.

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Also Known As

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