IRS gives break to Obamacare filers who got wrong info

[PoliticAverse]

Source: CNBC

The Internal Revenue Service on Friday expanded relief to Obamacare customers who are filing tax returns based on incorrect information about their health plans.

The relief came in reaction to the disclosure by federal health official there were more errors on tax-related forms sent to Obamacare enrollees beyond the 820,000 forms identified as having problems last month.

Between 3 and 4 percent of customers of HealthCare.gov, the federal Obamacare marketplace, have some kind of errors on 1095-A tax forms related to their account, according to marketplace CEO Kevin Counihan. The errors could affect the amount of money a taxpayer owes the IRS, or is owed by the agency to the taxpayer.

The IRS said Obamacare customers who have filed or will file returns this tax season based on that incorrect data on their 1095-As will not have to file an amended return.


Read more: http://www.cnbc.com/id/102523143

[BumRushDaShow]

1. There are going to be alot of hiccups

when it comes to technology-driven solutions and human error. But they will be resolved.

[thatgemguy]

2. I am one

of the people affected. I filed my taxes mid February, and received a notice of the mistake about two weeks after I filed. I just received the corrected form today, and had planned on revising my taxes over the weekend. So relieved to hear this.