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To: sheana
The only people who paid a penalty for 2016 were those who filed Form 1095A, which is what the IRS required under the ObamaCare legislation.

One of the first things President Trump did when he was inaugurated was issue an order to the IRS to have them accept any tax return that did not have the required Form 1095A included with it.

So if you paid a penalty for 2016, it's only because you told the IRS that you had no coverage for all or part of the year. If you said nothing, you would have paid no penalty.

13 posted on 08/22/2017 11:21:19 AM PDT by Alberta's Child ("I was elected to represent the citizens of Pittsburgh, not Paris." -- President Trump, 6/1/2017)
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To: Alberta's Child

I know that. I was saying it’s too easy to get out of even having a penalty that I don’t understand why anyone would.


14 posted on 08/22/2017 11:28:07 AM PDT by sheana
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To: Alberta's Child

Excellent point. My wife and I did not pay a dime in penalties last year. Our tax lady said she was instructed to essentially look the other way...


19 posted on 08/22/2017 11:41:20 AM PDT by WalterSkinner ( In Memory of My Father--WWII Vet and Patriot 1926-2007)
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To: Alberta's Child

he only people who paid a penalty for 2016 were those who filed Form 1095A, which is what the IRS required under the ObamaCare legislation.

One of the first things President Trump did when he was inaugurated was issue an order to the IRS to have them accept any tax return that did not have the required Form 1095A included with it.

So if you paid a penalty for 2016, it’s only bencause you told the IRS that you had no coverage for all or part of the year. If you said nothing, you would have paid no penalty.

Thanks, this will be sent out to our younger relatives, and telling them if they used a CPA for their taxes, and that CPA didn’t tell them about this option to get a new CPA/Tax person.


21 posted on 08/22/2017 11:47:30 AM PDT by Grampa Dave (Voting for Trump to be otur President, made 62+ million of us into Dumb Deplorable Racists, Nah!!)
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