Health Insurance

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Are Dental Insurance Premiums Deductible in Iowa?

By | July 26th, 2017|Categories: State Taxes|Tags: , , |

Iowa allows a deduction in full for health insurance premiums paid with after-tax dollars. This sometimes creates questions about what exactly counts as a "health insurance premium." For example, does dental insurance count? The short answer is, yes.

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Can a Non-Resident of Iowa Take the Deduction for Health Insurance Premiums?

By | March 9th, 2017|Categories: State Taxes|Tags: , , |

Can a non-resident take the deduction for health insurance premiums on their non-resident Iowa tax return? Yes.

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Do I Have to Have Form 1095-A Before I Can File?

By | February 2nd, 2015|Categories: Potpourri of Tax Topics|Tags: , , , |

Do I Have to Have Form 1095-A Before I Can File? The short answer is: YES!

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What I’m Asking My Clients Regarding the ACA

By | January 29th, 2015|Categories: Potpourri of Tax Topics|Tags: , , , |

Here are the questions this tax preparer is asking clients about the ACA

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What Responsibilities Do Tax Preparers Have in Assessing ACA Penalties?

By | September 9th, 2014|Categories: Potpourri of Tax Topics|Tags: , , , |

Robert Flach at his "The Tax Professional" blog asks the following question regarding Affordable Care Act penalties assessed on tax returns against people who do not carry health insurance: What is our legal responsibility as tax preparers when it comes to calculating the new convoluted and potentially expensive Obamacare penalty for clients who are not covered [...]

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