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Discussion in 'Too Hot for Swamp Gas' started by philobeddoe, Jul 23, 2014.
POSTED earlier by fredsanford: I know a little bit about this subject.
In all of the material regarding ACA, it says if you receive too big of a subsidy in error, you will have to repay it in taxes when it is caught. (IF it's caught)
Hopefully, they will get the income verification mechanism up and working correctly soon.
Hopefully? Seriously? I'm sure the crack IRS record retention department will be all over going after millions of accounts of a few thousand dollars each. I guess this is what is meant by "hope" and "change" - hope it works before they change out the idiots who created the mess.
That's pretty much how all tax-related filing and accuracy works in this country.