> There are a number of ways someone could do this; one commonly suggested scheme was to buy put options that were expected to expire worthless, allowing the bu

> There are a number of ways someone could do this; one commonly suggested scheme was to buy put options that were expected to expire worthless, allowing the buyer to (probably) take a loss. > That means if an individual buying ACA insurance was going to earn $55k, they'd be better off reducing their income by $6440 and getting under the $48,560 subsidy ceiling than they are earning $55k. I am told by a CPA: In the US tax system, one is limited to deduct $3,000 of net capital loss against their otherwise taxable income. These put options would generate a capital loss. Therefore, this strategy would not accomplish the goal stated in the article.