Up To 1 Million Taxpayers Could See Delayed Refunds After Obamacare Snafu, 1095-a
Despite threats from IRS that this might be a “miserable” filing season, things seemed to be going reasonably well. Until now.
Today, the Obama administration announced that it sent out about 800,000 bad tax statements. The specific tax statement is form 1095-A, which is issued to those who purchased health care coverage through the Marketplace. The form 1095-A includes information about health care premiums paid and is used to calculate, among other things, your premium health care credit.
Confused, worried about your refund, we are always available to help you figure out if your 1095-A is correct and OK for filing.
We knew going into this tax season there would be issues with ACA filings, we are prepared with the knowledge you expect from a professional team of Tax Preparers.
Click here to get in contact with your Team. or call 401.780.9530