New in taxes: Health insurance steps in

The Poughkeepsie Journal

Some of this year’s tax questions revolve around a new line on the tax returns, the one that Obamacare put there. It’s a question about whether you had full-year health-care insurance coverage or not. And if not, how much you have to kick in as an addition to the taxes you ordinarily owe. Most people aren’t hit with much difficulty, though some are, said James Passikoff, with Passikoff & Scott in Poughkeepsie. Most people have employer-provided health insurance or else Medicare or Medicaid, “So they’re home free,” he said.