Taxpayers may owe Uncle Sam due to health-care subsidies

Taxpayers may owe Uncle Sam due to health-care subsidies

This tax season marks the first time taxpayers who received federal subsidies to purchase insurance on health-care exchanges will have to report these tax credits on their returns, leading to confusion for some and a potential tax liability for others. Many subsidies — or Premium Tax Credits — were issued upfront and based on estimated

Health-care law prescribes new taxes, limits

Health-care law prescribes new taxes, limits

Investors have many questions about health-care reform and taxes top the list. Chris Hennessey explains the new taxes and fees created by the Affordable Care Act (ACA) that will generate more revenue for the federal government. Here are some highlights. 1. Medicare surtax on investment income. A 3.8% surtax on investment income became effective this