Dependents Who Must Be Offered Coverage In order to avoid penalties under the Affordable Care Act, applicable large employers must also offer affordable health insurance coverage that provides a certain minimum value to all full-time employees' dependents. Generally, an employer meets this requirement by offering coverage to at least 95% of full-time employees (and their dependents). A dependent is defined as a child who is under age 26. A child is considered age 26 on his o

Well it doesn’t seem possible but it is already time to get ready to send the kids back to school. This is a good time to remember the Iowa Tuition and Textbook Credit. Taxpayers who have one or more dependents attending Kindergarten through 12th grade in an accredited Iowa school may take a credit for each dependent for amounts paid for tuition and textbooks. The credit amount is 25% of the first $1,000 paid for each dependent for tuition and textbooks. Textbooks means book

Beginning in 2015, applicable large employers may be subject to the employer shared responsibility penalties under the Affordable Care Act if they do not offer full-time employees (and their dependents) health insurance coverage that meets certain criteria. In order to avoid penalties, any applicable large employer has to determine which of its current employees must be offered affordable health insurance. They must offer affordable health insurance coverage to full-time empl