Treasury issues reprieve for health law tax errors
WASHINGTON (AP) — The Treasury Department says it is offering a reprieve for some taxpayers affected by health care law errors.
A senior Treasury official told The Associated Press on Tuesday that taxpayers who have already filed returns with errors affecting their health care subsidies will not be required to resubmit corrected returns.
That would save time, effort, and any additional tax preparation fees for an estimated 50,000 people who may have already filed returns with erroneous details supplied by another government department.
The official spoke on condition of anonymity ahead of the official announcement.
The Health and Human Services Department said last week it had sent mistaken tax information to about 800,000 people who received subsidies under the health care law. Those who have not filed their taxes yet should still wait.