A child’s tax return, the kiddie tax and the Net Investment Income Tax

A child's tax return, the kiddie tax and the Net Investment Income Tax
Hi, I previously wrote about the filing obligation of dependents at Filing obligation of a 6 year old, with the key points being that: * A dependent would have to file with income as low as $1,000 (if all such income was unearned) due to reduced standard deduction for dependents. * The regular FBAR rules ...

Application of the mandatory health insurance requirement (The Individual Shared Responsibility Provision) in the Affordable Care Act (Obamacare) for US citizens living abroad.

Application of the mandatory health insurance requirement (The Individual Shared Responsibility Provision) in the Affordable Care Act (Obamacare) for US citizens living abroad.
I tried to make this post as readable as I could. Please keep in mind that a large part of the interest of this post is to show that the Affordable Care Act as passed into law was unnecessarily complicated (regarding this issue at least). As such, please forgive me if this post seems confusing. ...