IRS Notice - Tax Penalty Relief
IRS Notice – Tax Penalty Relief

Covered CA  policy holders won’t have to pay penalties on taxes owed  due to having to pay back subsidies – Advance Tax Credits if their MAGI Income was incorrectly estimated per IRS Notice 2015-9 for 2014, ONLY!  Be sure to comply with the requirement to change your estimated income and other life changes within 30 days!

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Insure Me Kevin.com

Forbes   for more information and detail.

Publication 4849 Can’t pay the tax you owe

Blog – Consider the excess subsidy a interest free loan

Premium Tax Credit APTC Form # 8962 & Penalties

Other Pages in Premium Tax Credit APTC Form # 8962 attaches to Form 1040 section

Premium Subsidy Now or Tax Time?

 

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