Regarding the ACA Healthcare Tax
Nov 9, 2015 06:47:22 #
1) There is no statute (period) of limitations on collecting the tax. It remains owed until paid or the law repealed.
2) Unlike other federal taxes - income, social security and medicare tax - the IRS has, (with certain exceptions ) only ten years to collect before the statute (period) of limitations expires..
3) Unlike the above mentioned taxes the IRS is restricted from filing a tax lien (public notice to creditors) on outstanding ACA taxes owed by individuals.
4) With one exception, ACA taxes are collected only when paid by the taxpayer or a refund is offset (reduced) to pay the obligation.
5) That one exception occurs a) when a taxpayer owes other types of taxes in addition to ACA and b) he wants a monthly payment plan. The ACA tax can not be excluded from the plan The ACA tax is included when determining the minimum monthly payment.
6) Given the above, (with certain exceptions) there is no way to avoid paying the tax once it is owed.
Thank you Barry O.
There was an old adage that the only certainty in life were death and taxes. Now in the age of Obama, we can add a third, lemocrats (AKA - low or no information v**ers) who will v**e (many times more than once) for whoever people who believe lies from this administration... Maybe it's your turn to pay.
2) Unlike other federal taxes - income, social security and medicare tax - the IRS has, (with certain exceptions ) only ten years to collect before the statute (period) of limitations expires..
3) Unlike the above mentioned taxes the IRS is restricted from filing a tax lien (public notice to creditors) on outstanding ACA taxes owed by individuals.
4) With one exception, ACA taxes are collected only when paid by the taxpayer or a refund is offset (reduced) to pay the obligation.
5) That one exception occurs a) when a taxpayer owes other types of taxes in addition to ACA and b) he wants a monthly payment plan. The ACA tax can not be excluded from the plan The ACA tax is included when determining the minimum monthly payment.
6) Given the above, (with certain exceptions) there is no way to avoid paying the tax once it is owed.
Thank you Barry O.
There was an old adage that the only certainty in life were death and taxes. Now in the age of Obama, we can add a third, lemocrats (AKA - low or no information v**ers) who will v**e (many times more than once) for whoever people who believe lies from this administration... Maybe it's your turn to pay.
Nov 9, 2015 07:14:47 #
I'm still holding out from enrolling in the "affordable" care act, I understand that the fee will rise this year, but that is a once a year thing, and the monthly fee along with all the other hidden surprises that I don't know about, but "assume", is cheaper that paying out a monthly "medicare premium". Hopefully it will be repealed because I'm holding out from getting a job. No I don't collect any benefits or gov. assistance. Thanks for the post.
Nov 9, 2015 07:21:48 #
iFrank wrote:
I'm still holding out from enrolling in the "affordable" care act, I understand that the fee will rise this year, but that is a once a year thing, and the monthly fee along with all the other hidden surprises that I don't know about, but "assume", is cheaper that paying out a monthly "medicare premium". Hopefully it will be repealed because I'm holding out from getting a job. No I don't collect any benefits or gov. assistance. Thanks for the post.
"Hidden Surprises" Key factor...
Nov 9, 2015 08:04:16 #
iFrank wrote:
I'm still holding out from enrolling in the "affordable" care act, I understand that the fee will rise this year, but that is a once a year thing, and the monthly fee along with all the other hidden surprises that I don't know about, but "assume", is cheaper that paying out a monthly "medicare premium". Hopefully it will be repealed because I'm holding out from getting a job. No I don't collect any benefits or gov. assistance. Thanks for the post.
Are you considering the out-of-pocket cost to you of a three-day hospital stay with no health insurance to pay the bill? How does getting a job relate to the ACA?
Nov 9, 2015 08:57:37 #
DASHY wrote:
Are you considering the out-of-pocket cost to you of a three-day hospital stay with no health insurance to pay the bill? How does getting a job relate to the ACA?
Just betting on my "good luck" for not needing "affordable care". No job, no Medicare deductions, I've contributed all my life while working, so while that "jackass" o'stupid-o is in office, I'm not "paying" the game. Friends from Mexico tell me that they have free "obama-care" over there. Anyway here in Texas we have something called "carelink". It just like the ACA.
As soon as this "t*****r in chief" leaves that's when I'll go out and get me a job.
Nov 9, 2015 09:31:38 #
iFrank wrote:
Just betting on my "good luck" for not n... (show quote)
Texas rejected Medicaid under the ACA, leaving a boatload of poor people without healthcare insurance. Carelink steps in as a financial assistance program to help a very limited number of certain qualified poor people access to healthcare services. I guess if you have a job you don't qualify. Hating Obama might not be good for your health. Good Luck.
Nov 9, 2015 09:41:42 #
DASHY wrote:
Texas rejected Medicaid under the ACA, leaving a boatload of poor people without healthcare insurance. Carelink steps in as a financial assistance program to help a very limited number of certain qualified poor people access to healthcare services. I guess if you have a job you don't qualify. Hating Obama might not be good for your health. Good Luck.
My friend just had a stroke, and was I between jobs, he's being cared for by Texan's in Texas. The reason I quit my job, is to not pay into o'stupid-o, money squandering way, as for me hating, I just don't like him because of what, and how, and to what degree he's damaging my birth heritage. The Good ol USA. As for you Dashy, via con Dios.
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