Featured Jobs
|
Pattison Pension
|
|
MAP Retirement
|
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
|
Regional Vice President, Sales MAP Retirement
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
BPAS
|
|
DWC - The 401(k) Experts
|
|
MAP Retirement
|
|
Retirement Relationship Manager MAP Retirement
|
|
Sentinel Group
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
|
IRS Commissioner Report to Members of Congress Regarding 2016 Tax Filings Related to ACA Provisions (PDF)
Internal Revenue Service [IRS]
Jan. 11, 2017
"About 5.3 million taxpayers claimed approximately $19.2 billion in [premium tax credit (PTC)], reporting an average credit of $3,620.... Approximately 3.3 million taxpayers reported excess [advance premium tax credit (APTC)] (meaning APTC paid during the year exceeded PTC). The average amount reported as excess to be repaid was about $870, for a total of $2.9 billion.... The statutory repayment caps affected approximately 921,000 taxpayers or about 28 percent of those who reported excess APTC.... [A]pproximately $874 million in excess APTC for tax year 2015 was above the statutory caps."
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |