And yet another nightmare is arising from the monstrosity that is Obamacare. Child support ends at 18? Or is it now 26?
This is a real story: A hard working young man earns minimum wage and cannot afford a home of his own because he pays $400 per month for his 2 minor children. His monthly income after taxes is about $600.
He must live with a sibling in order to make support payments.
The cost of obama's nightmare insurance for him range from $300 to $600 per month.
He can't afford it and will be forced to pay a penalty to the IRS. He won't be able to pay the penalty and that means it will be withheld from his refund check which isn't equal to the penalty itself.
The IRS says they will keep your refund check if you owe child support. And, you owe child support because you can't come up with the money to buy obama's insurance because you are paying child support.
Obamacare is confusing and the consequences are even more confusing.
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