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Re: SCOTUS LIVEBLOG - Obamacare Mandate Survives [W:125]
Please do check. EVERYONE pays their insurance premiums monthly in advance (like RENT), that I know, tax filing is ANNUAL after that year is over. Even a moron knows that you can't BUY something with nothing. To claim a tax credit NEXT YEAR, you must have bought insurance THIS YEAR. If you CAN NOT AFFORD insurance this year then you can claim no tax credit (next year) for NOT buying it, you then must pay the tax PENALTY. Show me links for your nonsense assertions please. You seem to just make stuff up as you go along as some sort of Obama cheerleader.
You don't have to pay the whole premium at once. I believe the credit is parceled out over the course of the year, but I'd have to check.
Please do check. EVERYONE pays their insurance premiums monthly in advance (like RENT), that I know, tax filing is ANNUAL after that year is over. Even a moron knows that you can't BUY something with nothing. To claim a tax credit NEXT YEAR, you must have bought insurance THIS YEAR. If you CAN NOT AFFORD insurance this year then you can claim no tax credit (next year) for NOT buying it, you then must pay the tax PENALTY. Show me links for your nonsense assertions please. You seem to just make stuff up as you go along as some sort of Obama cheerleader.