Beware The Tax Cliff With Health Care Premium Credit

Advisor Voices, NerdWallet.com
Thu, 09/03/2015 - 2:04pm

By Mike Eklund Learn more about Mike on NerdWallet’s Ask an Advisor Imagine if just one extra dollar of income resulted in the loss of almost $10,000 in tax credits. That’s a real possibility for some individuals who buy coverage through the Health Insurance Marketplace (aka the “exchange”) created by the Affordable Care Act. Many tax credits are gradually phased out as your income increases.

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