General Discussion
In reply to the discussion: My wife called the ACA verification line and after speaking to a rep she will not be proceeding any [View all]NM_Birder
(1,591 posts)However to GET an ACA card and register with the exchanges you have to show ID, proof of social security number, citizenship.
School ID's an honest face and Starfleet Academy badges will not satisfy, The IRS is involved with enforcement, you have to be tied to your specific tax return for proper penalizing if you do not have insurance.
I went to the NM exchange and found out right away that my company benefits are well worth the modest increase to stay the hell away from the train wreck your tax return is about to become. This will probably stay so hosed up for a year, that it will go unnoticed, but get a bottle of the good stuff for your tax adventure in another year...... sign into the ACA and you will only have yourself to blame for your future tax woes. Be offended at this now, but I'll bet you remember this conversation a year from now when the IRS has its hand right - in - your - cookie jar.
Young people who have little to no skin in the tax game have no idea what they are in for with the ACA. Just owing tens of thousands of dollars in student loans will seem like Disneyland once the IRS takes a bite out their ass. I don't know what your situation is but my taxes are complicated, and I gladly pay good money to have them professionally handled. If you use a tax professional, ask them what the actual cost to you will be after joining the ACA. If you think by tax professional I mean Turbo Tax, Tax Monkies or a 90 dollar offer from HR Block to do your taxes -- then never mind ............. register with the ACA.....they need your money.
Look past the sales pitch, and the ACA reveals a very nasty financial reality for the middle class.