$500 Obamacare “Refund” Checks Are Going Out. Here’s What You Need To Know
Nearly one million Americans are getting $500 Obamacare refund checks. Here’s who gets one, where the money comes from, and what taxpayers should know.
Nearly one million Americans are getting $500 Obamacare refund checks. Here’s who gets one, where the money comes from, and what taxpayers should know.
In any given year, about 7% of taxpayers will opt to file an extension for filing their individual federal income tax returns. For 2015, nearly 10 million taxpayers were expected to file for an automatic extension. Reasons for filing can range from owning or participating in a business or pass-through entity (though that’s expected to…
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….
Are you insured? If not, this weekend marks your last opportunity to enroll in health insurance for 2015 through the Marketplace. The deadline is February 15. If you miss that date, you may not be able to get coverage until 2016. Even if you don’t think you need coverage for health care purposes, you may…
Today is the day. If you plan to participate in the healthcare exchanges under Obamacare, today is your last opportunity to enroll for 2014 – and avoid being subject to the penalty.