Wednesday, April 15, 2015

" What To Do If You Receive Incorrect 1095-A & Premium Credit Forms ? "

If you Filed your Own Tax Return and Enrolled In Qualifying Market place Coverage using Form 1095-A, The Health Insurance Statement, and later learnt that there was there was error in 1095-A given to you, what should you do ?
1. You don't need to file Amended Tax Return even if you owe Taxes based upon corrected data.
2. IRS provides Tax Relief to the Tax Payers from Additional Tax Collection Actions.

Short answer is Do Nothing.

For Q & A Contact :  Kash, (925) 963 4891 @ Yajnik & Mehta Associates  (YMA) 
Facebook : www.facebook.com/yma.taxpro
Twitter :     http://twitter.com/kash_yajnik
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