Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
b123
New Member

President gave Obamacare fine directive to not collect. When will your software reflect that? Or, do we have to submit and let gov correct it?

 
1 Best answer

Accepted Solutions
Critter
Level 15

President gave Obamacare fine directive to not collect. When will your software reflect that? Or, do we have to submit and let gov correct it?

Sorry ... the President said a lot of things but the declaration didn't hold up in court ... the penalty is still enforced until 2019 and they will collect on it and you cannot bypass it on the 2017 or 2018 tax returns. 

View solution in original post

2 Replies
Critter
Level 15

President gave Obamacare fine directive to not collect. When will your software reflect that? Or, do we have to submit and let gov correct it?

Sorry ... the President said a lot of things but the declaration didn't hold up in court ... the penalty is still enforced until 2019 and they will collect on it and you cannot bypass it on the 2017 or 2018 tax returns. 

Lisa995
Level 12

President gave Obamacare fine directive to not collect. When will your software reflect that? Or, do we have to submit and let gov correct it?

It still needs to be included on your tax return, but they cant send the penalty amount to collections if you don't pay it.

♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪
Dynamic AdsDynamic Ads
Privacy Settings
v