Obamacare and a Fix for the IRS Iteration

We model the quantities appearing in Internal Revenue Service (IRS) tax guidance for calculating health insurance premium credit created by Patient Protection and Affordable Care Act, also called Obamacare. ask question of whether there is a procedure, computable hand, which can calculate appropriate any household with self-employment income. motivate current IRS guidance, has had self-employed taxpayers use fixed point iteration to their credits since 2014. Then, we give an example showing that lead divergent sequence iterates. As consequence, does not returns certain income intervals, adversely affecting eligible beneficiaries. A bisection procedure proposed. prove this calculates simple returns. This generalized case where are received advance, most common one applications. outline problem models general While will work code its configuration, it could fail, eg, states have expanded Medicaid, if new deduction properties were arise.