Admin

Posted by

Anne Powelson Anne Powelson
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
edge contributor

Share

Mid-year tax reminders and notices

Rate this item
(0 votes)

There's three reminders for the mid-year. The first is important for everyone, the second for those who had marketplace health insurance in 2014, and the third for anyone who currently has marketplace insurance or looking to replace their insurance mid-year.

The IRS cautions of more sophisticated scams. For years, the IRS has reminded filers that they do not contact taxpayers by phone or email. Requests for information or immediate payment by phone or email are scams and should be ignored. Unfortunately, the scammers have been listening as well, as they have added letters to their schemes. Some people are receiving letters with official looking IRS letterhead looking for information or payment. That creates more of a challenge, since the IRS does contact taxpayers by mail and these letters often have short deadlines.

If you do receive a letter from the IRS, you should review it with your tax preparer. If you do not have a tax preparer and you suspect you do owe taxes, you should contact the IRS at 1-800-829-1040 to set up a payment plan. If you don't know if you owe taxes, you can report the incident to the Treasury Inspector General for Tax Administration at 1-800-366-4484. Both those numbers have limited hours and tend to have shorter wait times earlier in the day. If your letter provides a phone number, you might try typing it into a search engine such as Google before you call. That should tell you who owns the number.

When calling in response to a letter, remember the IRS would never:

  • Angrily demand immediate payment over the phone
  • Demand you pay the taxes without giving you an opportunity to appeal the amount they say you owe
  • Require you to use a specific payment method, such as a prepaid debit card
  • Ask for credit card or debit card numbers over the phone.

Did you receive subsidized health insurance in 2014? Then you need to file a 2014 tax return.This is true even if your income is below the filing threshold, you have no taxes due or your income is exactly as you estimated when you applied for healthcare insurance. The IRS is reminding those who received advance payments of the premium tax credit (also known as subsidized health insurance) to file their 2014 tax returns as soon as practical. Even if you submitted a tax extension, filing before Oct. 15 will protect your ability to claim the advance tax credit in 2016. As a heads up, the IRS is sending various letters notifying those with subsidized health insurance of the need to file.

And the last reminder: If you have subsidized insurance in 2015 and your situation changes, you need to contact the marketplace.Reasons to contact the marketplace include a change in the availability of employer insurance, income changes, changes in family size or if you're moving. Conversely, if you had insurance through an employer and have lost it, you may be able to obtain health insurance through the marketplace.

54 comments

  • Comment Link Erickladom Monday, 20 November 2017 18:15 posted by Erickladom

    buy cialis online canadian pharmacy
    cialis cheap
    discount prices on cialis
    cheap cialis online
    safe place order cialis online

  • Comment Link DavidTop Monday, 20 November 2017 13:54 posted by DavidTop

    generic cialis wholesale
    cheap cialis online
    buy cialis nz
    cialis cost
    cheap cialis uk

  • Comment Link BobbyHox Monday, 20 November 2017 13:37 posted by BobbyHox

    buy cialis canada pharmacy
    cheap cialis
    wholesale cialis suppliers
    cialis prices
    cheap cialis here

  • Comment Link RobertBup Sunday, 19 November 2017 18:17 posted by RobertBup

    buy viagra cialis levitra online
    viagra without an rx
    viagra cheap fast delivery
    viagra without doctor prescription
    getting viagra from the doctor

  • Comment Link HerbertKib Saturday, 18 November 2017 18:33 posted by HerbertKib

    cloridrato de sildenafil generico
    viagra without a doctor visit
    how to get free samples of viagra online
    viagra without an rx
    viagra da 25 mg funziona

  • Comment Link JohnnyDiume Saturday, 18 November 2017 05:42 posted by JohnnyDiume

    viagra sale uk online
    viagra without doctor
    viagra online in contrassegno
    viagra without a prescription
    how to safely buy viagra online

  • Comment Link Ronaldsib Friday, 17 November 2017 22:16 posted by Ronaldsib

    cheapest 20 mg cialis
    cialis without prescription
    how to order cialis
    cialis without prescription
    cialis sale online

  • Comment Link JamesScouh Friday, 17 November 2017 17:59 posted by JamesScouh

    discount cialis in canada
    cialis without prescription
    order cialis phone
    cialis without prescription
    cheap cialis au

  • Comment Link DennisNix Friday, 17 November 2017 17:42 posted by DennisNix

    buy cialis professional 20 mg
    cialis without doctor
    order brand cialis online
    cialis without doctor
    order cialis overnight

  • Comment Link CalvinGOK Thursday, 16 November 2017 16:31 posted by CalvinGOK

    buy cialis soft cheap
    cialis without a doctor
    buy cialis online new zealand
    cialis without prescription
    buy viagra und cialis

<< Start < Prev 1 2 3 4 5 6 Next > End >>

Leave a comment

Make sure you enter the (*) required information where indicated.
Basic HTML code is allowed.

Advertisements

Website CMS and Development by Links Online Marketing, LLC, Bangor Maine