This post is part of a social shopper marketing insight campaign with Pollinate Media Group® and TurboTax, but all my opinions are my own. #pmedia #TurboTaxACA http://my-disclosur.es/OBsstV
Well it’s that time of year again, you know the stress of filing your taxes and hoping you’ll be able to get some money back or better yet not pay any back. I remember when I first started doing my own taxes and how difficult it was and that was after going to school for business and studying all the different laws of taxes. During that time I was not only doing my taxes but others in the family and I’ll admit that it was like having another job. That all changed a few years ago when I started using TurboTax to do my taxes and I’m telling you, that took a load off me because they were up-to-date with all the new tax laws and it was an easy step-by-step process. This year with the newly anointed Affordable Care Act requires you to have health insurance and it also affects your taxes. Did you know that 48% of Americans don’t know they are required to report their health insurance status on their upcoming 2014 tax returns? By using TurboTax they have you covered by visiting the TurboTax Health website provides users with the tools to understand health care and your taxes, no matter your health insurance situation. If you file before February 16th with a simple return (1040A/EZ), you file for free……..so hurry up and take advantage of this great offer from TurboTax. Check out how TurboTax works for insured filers, uninsured filers and those who purchased health insurance through healthcare.gov or a state marketplace. We’re hoping we can get a refund this year so we can get another living room suite and finishing paying off a couple of credit cards.
As you see up above that the health portion of your taxes is quick and easy when you’re filing with TurboTax. Below you’ll see videos of the step by step process of how ACA reporting works for all three audiences. Also keep up with TurboTax on Twitter, Instagram, Google+, Tumblr and Pinterest.
Marketplace Insured Filers
This coming weekend is important – health insurance open enrollment ends on Sunday, February 15. This is the last chance you’ll have to purchase insurance to avoid a penalty on your taxes next year. You can check out TurboTaxHealth.com to learn more about your health insurance and taxes, including finding out if you’re exempt from the tax penalty. While you’re at it, don’t forget to go to TurboTax.com to file today for absolutely free before February 16 if you have a simple return (1040A/EZ).