Blogs Incorrect Form 1095-A Health Insurance Taxpayer Relief

Posted: Apr 3, 2015

Treasury announced relief for taxpayers who received incorrect Forms 1095-A, Health Insurance Marketplace Statement. Affected taxpayers will not need to refund any overpayment resulting from information on an incorrect Form 1095-A. The IRS will not pursue the collection of any additional taxes from these individuals based on updated information in the corrected forms, Treasury explained. The IRS also provided penalty relief to farmers/fishermen with incorrect Forms 1095-A.

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