October 26, 2020

You Won’t Mind if Your Tax Refund Is a Little Late, Will You?

The Obama administration said Friday it would allow people to sign up for plans on HealthCare.gov through April, and at the same time acknowledged it had sent some 800,000 people incorrect tax statements about their coverage in 2014. The announcement about the inaccurate forms caps a rough first year for the health-care law, and means many taxpayers will have to wait for tax refunds. The error affects as many as 20% of the statements sent by HealthCare.gov to people who signed up for coverage for 2014 and received tax credits to offset the cost of their premiums. 
Never mind the fact that tax refunds are stupid and you should hope to break even when you file your tax return. But you guys know that. We'll just leave it there.
 
[WSJ]

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