Posted on 08/25/2014 9:10:45 PM PDT by Citizen Zed
Taxpayers accustomed to filing a simplified 1040EZ will not be able to do so if they received health insurance tax credits this year.
Some highlights:
-- You may have heard that the IRS cannot use liens and levies to collect the law's penalty on people who remain uninsured. But there is no limitation on collection efforts in cases where consumers got too big a tax credit. If your refund isn't large enough to cover the repayment, you will have to write the IRS a check. "They are not messing around," Brandes said.
For families, the cap is double the amount that individuals can be charged, but the income thresholds vary according to household size. An IRS table may help simplify computation, which is based on the federal poverty levels for 2013.
-- There is no collection cap for households making more than four times the federal poverty level.
(Excerpt) Read more at cbsnews.com ...
Samaritan Ministries
http://samaritanministries.org/costs/monthly/
You have to pass the bill to find out what is in but not to worry, Obama can just make his own rules to fix that if it hurts the takers.
The Obamacare Marxist sham continues to crumble.
Race and political affiliation are very likely paramount.
Lest anyone thinks they can't get away with this, remember that Lois Lerner is still walking free and will probably never see the inside of a jail cell.
Open rebellion April 16, 2015.
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Yep, wait until the sheeple realize not free & fines will be involved..
Lots of dumbasses won’t be getting their “money back” next year. They’re gonna’ be pissed! And surprised! hee hee
I smell a business opportunity, road maps to D.C. with Obamacare offices and IRS offices marked all across the nation. All roads lead to D.C. Should be a lot of LIV’s who need the info.
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