Premium Tax Credits


Some lower-income individuals and families may qualify for a premium tax credit if they have enrolled in health coverage under the Healthcare Marketplace in order to assist them in paying for their coverage..

Minimal Essential Coverage


Coverage is required to

Provide essential benefits in each of the following areas:

Ambulatory patient services.

Emergency services.

Hospitalization.

Maternity and newborn care.

Mental health and disorder.

Prescription drugs.

Rehabilitative services.

Laboratory services

Preventive and wellness services

Pediatric oral and vision care









Individual Shared Responsibility 


Starting in 2014, the Individual Shared Responsibility provision calls for each individual to either have minimum essential coverage for each month, qualify for an exemption or make payment when filing his or her federal income tax return.

​​Having a little trouble understanding the ACA? Don't worry, your government does too!













Tax Nation
Professional Tax Preparation for Less! 

​Haven't received your 1095-C?. Not to worry, you can file your taxes using an alternate proof of healthcare coverage....

​Our Preparers will help you sort through the confusion!

Tax Penalty


Beginning in 2014, the Affordable Care Act requires most legal residents of the United States to either obtain health insurance or pay a penalty tax. The penalty amount will be the greater of a flat-dollar amount for each individual that rose to $695 in 2016, or a percentage of a household's income that rises to 2.5% for 2016. The total amounts are capped for family payments