Wednesday, February 25, 2015

The Obama Administration Doesn’t Know Why 800,000 Obamacare Tax Forms Were Sent Out With Errors

The administration’s admission last Friday—it’s always a Friday—that it had sent  out 800,000 Obamacare tax forms with mistaken information is merely the latest confirmation that, when it comes to President Obama's signature health law, the White House and its bureaucratic operatives are in way over their heads.
The tax forms, which document tax credits received under the law, were likely to prove daunting to individuals in any case. The administration’s rampant mistakes are certain to make tax-season headaches even worse.
The error affects about 20 percent of statements sent out under the law, according to The Wall Street Journal, but individuals who have received the forms have no way of independently determining whether their statement is among the mistaken. As the Journalreports, “It is very difficult for consumers to know on their own whether the local premium listed on the statement, known as a 1095-A, is incorrect.” Instead, individuals must rely on the administration, which has already proven itself unreliable, to let them know whether they were among the affected.

No comments: