carolynm Posted February 11, 2015 Report Share Posted February 11, 2015 (edited) I have a client whose income was at 138% poverty level in 2013. For 2014 their return came in at 70% Poverty level. How do you determine if they are eligible for a) coverage under ACA (by my account they'd qualify for medicare in their state) b premium tax credit (since I don't think they qualify under a, I definitely wouldn't think they'd get "b" ) Unless something has changed in the last month, they are enrolled, and receiving a PTC. They have a NOL for 2014, are losing some investment income in 2015 so I have no reason to believe that the figures will change in a positive way. What do I need to tell them? Carolyn Edited February 11, 2015 by carolynm Quote Link to comment Share on other sites More sharing options...
BulldogTom Posted February 11, 2015 Report Share Posted February 11, 2015 I think you should refer them to their exchange. I am serious, not making a smart @$$ remark. I believe it is the responsibility of the taxpayer to inform the exchange of a change in their eligibility. Tom Newark, CA 2 Quote Link to comment Share on other sites More sharing options...
Jack from Ohio Posted February 12, 2015 Report Share Posted February 12, 2015 Agree with Tom. We are not the babysitter for their insurance issue. 1 Quote Link to comment Share on other sites More sharing options...
jklcpa Posted February 12, 2015 Report Share Posted February 12, 2015 I agree with Tom, and I think the exchange should direct them to Medicaid. I think you meant to say Medicaid, not Medicare. 1 Quote Link to comment Share on other sites More sharing options...
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