Obamacare deadline extension and a tax form mistake

Photo: DodgertonSkillhause/morguefile.com

If you haven’t signed up for health insurance under Obamacare, you have an extra six week extension.

According to a report on NJ.com, you now have until April 30 to get coverages and escape the fines.

The report also said there was a big “oops” on a form sent to some 800,000 people to explain how they should determine their tax liability.

“The form tells taxpayers how much money in federal subsidies they received to offset their policy premium. People use that form when filing their taxes; those who received a larger subsidy than they were entitled to would have to “reconcile” the amount on their taxes,” the report said.

Those who received wrong forms should have the corrected ones by the first week of March, so those in this sutuation should wait before filing their taxes.

This story was first posted in February 2015.