Ask The Taxgirl: Healthcare Benefits & Taxes
Taxpayer asks: My brother works for a company who pays $12K a year for his health insuranceHe is 64, single, no children, no ex-wifeMy brother understands starting in 2011 the government will treat the $12K as income and he will be taxed on itAlso because it is over $8,000 a year it is considered a…