What is the maximum percentage of the paid health insurance premium for which an eligible nonprofit...

What is the maximum percentage of the paid health insurance premium for which an eligible nonprofit smart employer could be eligible as a tax credit in 2019

Solutions

Expert Solution

The maximum percentage of paid health insurance premium for which an non profit smart employer could be eligible as a tax credit in 2019 is 35% and for profit making employer this figure is 50% of costs paid for the employees' premiums.

ekkarill92 answered 2 years ago

Next > < Previous

Related Solutions

What is the maximum percentage of the paid health insurance premium for which an eligible non-profit...

What is the maximum percentage of the paid health insurance premium for which an eligible non-profit small employer could be eligible as a tax credit in 2018?

WHICH OF THE FOLLOWING IS TRUE REGARDING HEALTH AND ACCIDENT INSURANCE PREMIUMS HEALTH PREMIUM FOR THE...

WHICH OF THE FOLLOWING IS TRUE REGARDING HEALTH AND ACCIDENT INSURANCE PREMIUMS HEALTH PREMIUM FOR THE 2% SHAREHOLDERS CANNOT BE TREATED AS WAGES. INCLUDED ON THE 2% SHAREHOLDERS FORM W2 AND NOT SUBJECT TO FICA OR MEDICARE WITHHOLDING THEY MUST BE DEDUCTED ON THE S CORPORATIONS FORM 1120S MUST BE INCLUDED ON 2% SHAREHOLDER FORM W2 ONLY IF THE S CORPORATIO DOES NOT HAVE A PLAN FOR OTHER EMPLOYEES.

A sample of 25 workers with employer provided health insurance paid an average premium of $6600...

A sample of 25 workers with employer provided health insurance paid an average premium of $6600 with a standard deviation of $800. Construct a 95% confidence interval for the mean premium amount paid by all workers who have employer provided health insurance.

Which of the following is true about the premium (health insurance) tax credit? a. The credit...

Which of the following is true about the premium (health insurance) tax credit? a. The credit is only available to unemployed tax payers b. The credit is available to all taxpayers who fall below 400% of their federal poverty guideline, regardless if they have health insurance provided by their employer. c. The credit is based upon how much of a health insurance plan premium is deemed affordable compared to a benchmark plan premium. d. The credit is available to all...

U.S. citizens are eligible for Medicare, a national health insurance system for the elderly, the day...

U.S. citizens are eligible for Medicare, a national health insurance system for the elderly, the day they turn 65 years old. Many believe that people with health insurance are less likely to die prematurely because they will be more likely to seek treatment and doctors will be more willing to conduct tests and procedures for them. Explain how you could use regression discontinuity in this setting to estimate the relationship between health insurance coverage and premature death. Be sure to...

1. Which of the following statements is incorrect regarding qualifying criteria for the health insurance premium...

1. Which of the following statements is incorrect regarding qualifying criteria for the health insurance premium tax credit? A) Household income must be below designated levels. B) The taxpayer cannot have access to affordable essential coverage through an employer. C) The insurance policy must be purchased directly from an insurance company. D) The individual may not be eligible as a dependent of another taxpayer. 2. If a taxpayer's AGI is greater than $150,000, no penalty will be imposed if the...

-Which of the following statements is incorrect regarding qualifying criteria for the health insurance premium tax...

-Which of the following statements is incorrect regarding qualifying criteria for the health insurance premium tax credit? A) Household income must be below designated levels. B) The taxpayer cannot have access to affordable essential coverage through an employer. C) The insurance policy must be purchased directly from an insurance company. D) The individual may not be eligible as a dependent of another taxpayer. -If a taxpayer's AGI is greater than $150,000, no penalty will be imposed if the taxpayer pays...

9. At age 65, people become eligible for Medicare, the public health insurance system for the...

9. At age 65, people become eligible for Medicare, the public health insurance system for the elderly in the US. Do you think this would reduce disparities in health insurance, healthcare access, and health between sociodemographic groups (for example, low vs. high income, race)? Explain.

The Occupational Safety and Health Administration has set the limit on the maximum percentage of carbon...

The Occupational Safety and Health Administration has set the limit on the maximum percentage of carbon dioxide (CO2) in air a worker can breathe at 0.500% by mole. If dry ice (solid CO2) is sublimating in a room at a rate of 0.610 mol/min, what is the minimum rate that fresh air (mol air/min) has to be supplied to the room so that the concentration of CO2 in the room doesn’t exceed 0.500% by mole? Assume the room is well...

The individual health insurance market covers most people who have health insurance. covers a small percentage...

The individual health insurance market covers most people who have health insurance. covers a small percentage of people with health insurance. is used by employers for their employees. has been eliminated by the Affordable Care Act The claims experience of an insurer’s enrollees does not include the benefits available to the enrollees. the demographic characteristics of the enrollees. the cost-containment provisions of the health plan. the insurer’s administrative costs.

Subjects