The Affordable Care Act & Your Taxes

No matter what your stance is about The Affordable Care Act (ACA), the fact is that it affects a lot of Americans. This will be the second year that Americans will be reporting their health insurance on their taxes. It may sound difficult and like something else we need to worry about, but it really does not have to be that complicated. Combining The Affordable Care Act & your taxes does not have to cause more stress in your life.

I had some big life changes over the past couple of years. I had a baby and I decided I would quit my job to stay home with her. It was not an easy decision, in fact it was pretty scary. In the process I also started two separate streams of income for myself, this blog and becoming an FBA seller. I enjoy doing both of these things and I love the fact that they allow me to work from home so that I can watch my daughter grow.

Since I didn’t have my employer’s health insurance anymore, I had to sign up for health insurance using The Affordable Care Act. It was pretty straight forward and simple to do. I was a little unsure about what to expect before I signed up, though.

It is now open enrollment and if you are having to sign up for health insurance using The Affordable Care Act, Turbo Tax has you covered. They have all kinds of free tools to help you figure out your best options. I love the Subsidy Calculator because it can help you figure out if you may qualify for a subsidy before you even begin the sign up process.

I personally love using Turbo Tax to file my taxes. It is just so easy to use! Reporting your health insurance on Turbo Tax will be just as easy. Last year, all I had to do was just check a box and that is all there is to it. I told you there was nothing to stress about. This year it will be just as easy.

If you are a little nervous about filing your taxes with the new health insurance options, make sure you check out Turbo Tax. They have so many great resources and tools to help put your mind at ease. There are even frequently asked questions you can look over. Plus, there are no extra fees for filling out health care forms when you use Turbo Tax for filing your taxes.

Make sure you get all of the information that you need before you start the sign up process for health insurance. You want to make the best decision for you and your family. Everyone’s situation is different but we all want quality health care coverage. Let Turbo Tax help you make the right choice.

I was selected for this opportunity as a member of Clever Girls and the content and opinions expressed here are all my own.