Health Care Affordable Care Act Update: Enrollment and Coverage Deadlines Clarified Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by TurboTaxLisa Published Oct 25, 2013 1 min read On October 23, the Obama administration made an announcement that gives uninsured Americans who purchase health insurance through the Health Insurance Marketplace until March 31, 2014 to enroll in or sign up for a health insurance plan and clears up questions regarding the timeline when insurance coverage needs to kick in to avoid a tax penalty. The confusion has been whether the uninsured need to be covered by March 31, 2014 or if they have to be signed up or enrolled in a plan by then, since it takes time for coverage to take effect after enrollment. The administration clarified Wednesday, that individuals without health insurance do not need to be covered by March 31, 2014, they just need to enroll in or sign up for a plan through the Health Insurance Marketplace by then to avoid a tax penalty on their 2014 taxes filed in 2015. Check back with the blog for more up to date information regarding the health care law. TurboTax is here to help explain health care reform and how it affects you and your taxes, so that you can make the best decision for your health and finances. Have specific questions about how this impacts you? Get health care answers in our TurboTax community. Previous Post Health Insurance Marketplace Opens Today! Next Post Child Tax Benefits: How Parents Can Save on Taxes Written by Lisa Greene-Lewis Lisa has over 20 years of experience in tax preparation. Her success is attributed to being able to interpret tax laws and help clients better understand them. She has held positions as a public auditor, controller, and operations manager. Lisa has appeared on the Steve Harvey Show, the Ellen Show, and major news broadcast to break down tax laws and help taxpayers understand what tax laws mean to them. For Lisa, getting timely and accurate information out to taxpayers to help them keep more of their money is paramount. More from Lisa Greene-Lewis Follow Lisa Greene-Lewis on Twitter. 3 responses to “Affordable Care Act Update: Enrollment and Coverage Deadlines Clarified” Is there a limit on what you can tithe to the church? If so how can I figure it from my salary? We have done this in past and not sure we got full benefit. Thank you. Reply thanks for common sense answers to questions we all have. Reply Let’s hope the enrollment system is fixed by then! Reply Leave a ReplyCancel reply Browse Related Articles Investments Gambling Winnings Taxes: An Intro Guide Income Tax by State Utah state income tax in 2025: A guide Income Tax by State South Dakota state income tax in 2025: A guide Tax Tips March Madness Tax Tips: How Student-Athletes Can Score Big with NIL Deals and Deductions Tax Forms Form 2210 Instructions: How to Calculate and Pay Estimated Taxes to Avoid Penalties Tax Forms What is Form 720? Understanding the Ins and Outs of Quarterly Federal Excise Tax Returns Income Tax by State New Hampshire state income tax in 2025: A guide Income Tax by State Pennsylvania state income tax in 2025: A guide Tax Forms Inheritance & Schedule K-1, 1041 Tax Forms: Trust and Estate Income Explained Tax Forms IRS Form 4868: A Step-by-Step Guide to Filing an IRS Tax Extension
Is there a limit on what you can tithe to the church? If so how can I figure it from my salary? We have done this in past and not sure we got full benefit. Thank you. Reply