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Obamacare subsidy
Old 04-16-2018, 04:48 AM   #1
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Obamacare subsidy

How a 27-Year-Old Math Whiz (and His Uber Driver) Found a Big Flaw in an IRS Tax Formula - Money

Iíll leave this here. Known subsidy calculation issues close to 400% threshold.

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Old 04-16-2018, 06:47 AM   #2
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You could give a little more info, like that it affects self-employed workers only.

Line 29 of the 1040 tax form asks self-employed workers for their health insurance deduction. In order to determine this number—for Obamacare consumers, it’s typically the sticker price of your health insurance minus any government assistance—you need your total premium tax credit from Line 24 of Form 8962. But in order to get your total premium tax credit, you need Line 29 from Form 1040. “It’s a loop where the output affects the input,”
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