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Americans need to report their health insurance status on their 2013 tax returns, but many don’t realize this. In matter of fact, a survey revealed that 48% of Americans are not even aware that they have to report their health insurance status on their returns.2015 is going to be the first year that Americans will need to prove that they have qualifying insurance. If they don’t have q
Researchers have unveiled an ignorance on the part of the American public: a full 48 percent of people in the United States do not know that they must report their health insurance status on their 2014 federal income tax returns.The tax-filing season is soon on its way, and most Americans 18 and over do not realize that health care and income taxes are connected. This information was uncovered by
Traverse City Tax Preparation expert Frank Ellis has recently written an informative article on how to use all the features of the popular and innovative TurboTax software. In particular, he talks about how to move important information from the previous year’s income tax return to the current year’s return to be filed with the Internal Revenue Service.Also in the article, Frank Ellis
Traverse City tax expert Frank Ellis shows how to enter the pertinent information regarding your 2014 Taxes into the current year’s IRS income tax return. He points out the many benefits and aspects of the popular TurboTax software. His newly published article takes readers step by step through the process of moving the information they have posted in the previous year’s tax returns t
Nearly Half Of All US Residents Don’t Know That They Have To Report The Status Of Their Health Insurance On Their 2014 Tax Returns A recent survey has revealed that nearly half of US residents (approximately 48%) do not know that they are supposed to report their health insurance status on their tax returns for … Continue reading How TurboTax 2014 Can Help You With Obamacare Taxes
The Internal Revenue Service says that the tax-filing season starts on January 20, 2015. Taxpayers have the okay to start filing their 2014 taxes via TurboTax on this day. Although Congress passed a last minute tax law that has already been signed by President Barack Obama, this will not delay the start of the tax-filing season.At the beginning of the month, Congress passed a bill that extends ov
The Internal Revenue Service (IRS) has earmarked January 20 as the start of the tax filing period.Yesterday, the IRS stated that taxpayers can begin filing their taxes 2014 from January 20. The tax filing period will begin on schedule, in spite of a late tax rule introduced by Congress and approved by President Obama, according to the agency.Previously this month, a bill was passed by Congress th
According to the IRS, tax-filing seasons starts Jan. 20According to a statement made by the IRS yesterday, taxpayers can being filing their taxes 2014 returns on Jan. 20.In spite of a last-minute tax law that as passed by Congress and and signed by President Obama, tax-filing season will begin on time.Early in December, a bill was passed by Congress that extended more than 50 tax breaks that expi

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