Moving Back Home: Unexpected Implications of the ACA on Adult ‘Boomerang’ Children
The Affordable Care Act (ACA) has implications for “boomerang children” and their parents. “Boomerangs,” young adults who (often for financial reasons) move in with their parents, may expose their parents to significant tax penalties, even if the rest of the family has health coverage. This brief summarizes the available demographic information about the boomerang population, and provides an analysis of a common example to illustrate the ACA’s implications to such families.
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Date: Oct 2013
