Friday, April 1, 2016

Do you have questions on how to assist consumers during the 2015 tax season?


Take a look at the “Tax Season Readiness 101” webinar slides now posted to the Agents and Brokers Resources webpage. The webinar, held on March 9, highlighted the following information: 

  • What the Form 1095-A is, where consumers can access it, and how to request corrections
  • Why consumers must reconcile advance payments of the premium tax credit
  • How to claim the premium tax credit (PTC) as part of the tax filing process
  • How to use the Health Coverage Tax Tool to request PTC or to file an affordability exemption from the requirement to maintain health coverage.  

Do not forget that the federal tax filing deadline is April 18!

 

Remember: While you may provide information to consumers about the advance payments of the premium tax credit reconciliation process and the tax forms that they will receive from the FFM, it is important that you not provide any tax filing advice or answer any tax filing questions.

 
Please refer consumers seeking answers to their questions or advice regarding their personal situations to a tax professional for assistance or to the tax assistance. For more information on the tax assistance options available, direct consumers to: IRS.gov/freefile or IRS.gov/VITA.

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