The very important question 'can I still pay cash for medical treatment after January 1st" was asked by a DD poster. I had assumed that all Americans were now aware of new ACA / IRS regulations that will be taking effect for 2014 and beyond, but to eliminate confusion I'll try to do a very focused recap.
To answer the DD poster's question, yes you can choose not to purchase health insurance and instead continue to pay 'cash' for necessary medical treatments. In fact, a number of health care providers are restructuring their practices to specifically cater to patients wishing to pay 'cash' ... and in the process are able to significantly reduce the prices charged. See
However, if you do choose not to purchase health insurance and instead continue to pay 'cash' for necessary medical treatments, the ACA will now require you to also pay a new IRS penalty tax. The amount of that tax is 1% of income for 2014, 2% of income for 2015, and 2.5% of income for 2016 and beyond. For a dancer or camgirl earning, say, $1000 per week, this will roughly translate into an additional $500, $1000, and $1250, in 2014, 2015, and 2016+ respectively, being ADDED to the tax bill you would otherwise be required to pay. To be crystal clear, this new tax comes as an addition to the federal income taxes, SSI 'self-employment' taxes etc. that are also owed.
While it was 'hoped' that this new IRS penalty tax for failure to purchase 'qualified' health insurance would be postponed, this hasn't happened ... and with just 2 days left before 2014 arrives, it appears that the new IRS penalty tax will in fact take effect later this week as originally scheduled.
Also, the ACA / IRS actually assesses the new IRS penalty tax for failure to purchase 'qualified' health insurance on a monthly basis ... beginning with January 2014. As such, any dancers and camgirls who choose to pay 'cash' for medical treatments in lieu of purchasing 'qualified' health insurance will also need to ADD $500 * 3/12 = $125 ( using the above example ) to each of their 2014 quarterly estimated tax payments to cover the IRS penalty tax beginning with the April 15th 2014 estimated tax voucher / payment. This will increase to $250 per quarterly estimated tax payment in 2015, and increase again to $312 per quarterly estimated tax payment in 2016 and beyond.
The ACA also authorized the IRS to hire a large number of additional IRS agents for the specific purpose of enforcing ACA related tax provisions ( 16,000 new agents from some reports ). See . As such, quarterly estimated tax payments ( or lack of quarterly estimated tax payments ) are likely to receive far more IRS scrutiny in 2014 than they ever did before. Also note that the new IRS tax penalty adds a significant amount of new tax liability for dancers and camgirls whose 2014 earnings haven't changed much from their 2013 earnings. Failure to add the additional money to cover this IRS penalty tax liability may result in 'standard' quarterly estimated tax payments now falling short of the 10% 'error' threshold for estimated taxes paid versus actual taxes due ... which in turn can allow the IRS to assess an 'under-withholding' penalty in addition to the new IRS penalty tax and the 'normal' income tax and SSI tax.
And for dancers and camgirls who choose to purchase 'qualified' health insurance coverage to avoid the new IRS penalty tax, it is equally likely that your quarterly estimated tax filings ( or lack thereof ) will also receive increased IRS scrutiny in 2014. After all, at this point in time, the IRS has no way to tell whether you have purchased 'qualified' health insurance or not, and those 16,000 new IRS agents have to focus their attention somewhere !!!



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At least I will live if ever I need the er I have a- blood and have to have a special transfusion if ever I needed it so it helps to know they seek payment later or else I would be sol lol. Good to know and ty again u are a goddess seriously.

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