HealthcareACT.com Helps Americans Confidently Navigate Tax Implications of the Affordable Care Act
TaxACT website features free guide, calculators and information about healthcare-related tax law changes.
The healthcare-related tax law changes vary in range and scope and will be implemented over the next several years. Changes include an increased threshold for medical deductions, reporting health insurance on Form W-2s, a tax penalty for being uninsured, and a premium tax credit for coverage purchased through Health Insurance Marketplaces.
“The tax law changes will affect some taxpayers more than others,” says TaxACT President JoAnn Kintzel, “but HealthcareACT.com and TaxACT make it easy to navigate the changes. We'll lead taxpayers through the changes, whether they have simple or complex health care and taxes.”
All taxpayers can calculate how much the ACA and all other known tax law changes will impact their 2013 federal income tax returns for free starting in October. As users answer questions, TaxACT Free Federal Edition computes their refund or tax liability amount. Users can then adjust their year-end tax strategies and take advantage of last-minute tax savings. TaxACT programs are updated with final IRS forms and last-minute tax law changes in early January.
HealthcareACT.com also features videos, infographics and blog posts with trending ACA news. The site will be updated on a regular basis with healthcare insurance and tax information.
About TaxACT
Contact
Jessi Dolmage
TaxACT Public Relations
pr@taxact.com (319) 373-3600