David and I spent all day in class learning about the new healthcare laws and credits. One of the most important things everyone needs to know- to qualify for the Healthcare Credits you must have purchased your health insurance through an exchange. Luckily here in Oregon we have our own marketplace so who cares if the Federal website works or not. Just go to www.coveroregon.com to see if you qualify for the tax credit.
Qualification is based on the number of people in your household and total household income. If you do qualify just choose the insurance you want and purchase it right from the website. It's easy and the Oregon website didn't cost $125 million to build. We are so lucky to live here in this great state. You can choose to get the credit each month, paid directly to your insurance provider, or get it as a credit against your taxes when you file your 1040.
