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View Diary: In 400 Days the Health Insurance Cliff will Kick In. For Real. (97 comments)

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  •  ... even if you have NO taxes ... (1+ / 0-)
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    KenBee
    •  heh, not yelling at you brother, this verbiage (0+ / 0-)

      gets thrown out of the rabbit hole and then we have to pick thru it like sparrows and ressemble it.

      Nothing is more distracting to a conversation than an insider acronym or 7th level bullshit and my saying 'wait, what??!?!'

      Naturally, withholding for federal income taxes and estimated taxes are also refundable credits, as these are prepayments towards a person's tax liability. Refundable tax credits, like payments, are applied towards a person's tax obligations, and any over-payments are refunded back to the taxpayer.
      from a google search...so lets see..that would be a check, a refund, money in both pockets in real words non tax experts can understand...but then you said they will somehow estimate this and give it to you before the year in anticipation instead of after the year's results are in.

      That is super good then, yowza let the gifting begin!
      They'll be sending my pony I expect!

      So maybe the banks will love this too as maybe we will have to put the money in a dedicated account where only premium payments can be made or something similar? Like a medical savings account only narrower cast..and banks can charge $15 a month and smile. If one had a medical savings account the monies spent were subject to restrictions I never had a problem with, but were limited to reasonable definitions of medical needs. The IRS was the regulator eventually. You could put in only so much and take out with some penalty...but you knew that :>

      Thanks for this JP.

      This machine kills Fascists.

      by KenBee on Mon Nov 26, 2012 at 01:20:27 AM PST

      [ Parent ]

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