Friday, February 20, 2015

Obamacrack Tax Headache

If you are one of the 11 million or so Obamacrack addicts that got subsidy money, you might want to delay your 2014 income tax filing.

If you have already filed, consider filing a corrected return.
The Obama administration says it sent about 800,000 customers the wrong tax information, and officials are asking those consumers to delay filing their 2014 taxes.
The tax error disclosed Friday is a self-inflicted injury that comes on the heels of what President Barack Obama had touted as a successful enrollment season, with about 11.4 million people signed up. - CNBC

Reportedly 89% of the 11+ million are on Medicaid.

That leaves roughly 2.5M that bought Obamacrack with subsidy money and presumably have or will file taxes. In round numbers, about a third of you got bad information from the government.
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