Posted on 02/25/2015 6:44:06 AM PST by SeekAndFind
About 50,000 taxpayers who had filed their returns before an error in an Obamacare tax form was discovered will be able to keep the money, the IRS said yesterday.
The erroneous forms went out to 800,000 taxpayers. Most of those citizens will have to wait for the IRS to mail them a corrected form before they can file their taxes.
Treasury said people who did not pay enough in taxes because of the glitch will be allowed to keep the money. If they paid too much, then they have the option of filing an amended return to get their money back.
The administration has not provided a breakdown of how many people paid too little and how many paid too much.
"The IRS will not pursue the collection of any additional taxes from these individuals based on updated information in the corrected forms," a Treasury spokesman said.
"Individuals may want to consult with their tax preparers to determine if they would benefit from filing amended returns," the spokesman added.
The tax error was a setback for the Obama administration, and Republicans seized on the mistake to argue that the law is a burden on the public.
Senate Finance Committee Chairman Orrin Hatch (R-Utah) wrote to the administration on Monday asking for answers about how the error happened and why it wasn't revealed until after the ObamaCare sign-up period had ended.
Another shortcut, another disregarding the law. I suppose we should be used to it now. But its unfair that some taxpayers will benefit from the incompetence of the IRS and others won't,
And that's just the beginning of the "adjustments" this tax season.
(Excerpt) Read more at americanthinker.com ...
>>Treasury said people who did not pay enough in taxes because of the glitch will be allowed to keep the money. If they paid too much, then they have the option of filing an amended return to get their money back.
As the Leftist media would say, “Unexpected!”
Another example of how serious the Obama regime takes our laws. Why bother having them. The IRS is a flippin’ joke!
I can’t believe what I’m reading? The IRS makes a mistake and the “lucky” taxpayers can KEEP the money?
When did the IRS have the power in law to rule that ill gotten refunds did not have to be returned??
Aw how nice!
They will just “let them”
I didnt know they had such discretionary powers, to let people do thing.
I will ask them to “let me” skipp filing this year...
This is truly how leftists view “good government”.
Really smart and “ethical” people who know better than everyone else making ad hoc decisions regardless of any constraints for the “betterment of everyone” and to “achieve social justice”.
Yep, if you’re one of Obama’s entitled leeches you can just go on and keep that money. Don’t make no nevermind. Isssss all right, Dog!” We be makin’ this crap up as we go along.
For all you crackers and conservatives out there with a job, you’d damned well better represent and pay your fair share. We’ll come git ya even if was our mistake.
I wonder what form that goes on?
It should be on next year’s filing as miscellaneous income.
That's the general idea. Get people used to executive control and spontaneous law making. We're well down the slippery slope now in terms of getting used to this "new way of doing things". We are inching ever closer to being a dictatorship. Congress may as well fold up. What do they really do legislatively, other than spend our money for us? Obama makes all the rules now.
The extra money they kept will just be taxed as extra income next year.
This is legal?
Will the mistake be tabulated as 2015 income?
This is wrong at so many levels it is hard to make a comprehensive comment.
Great comment.
The law is not being applied equally.
AND WE’LL ALL BE HAPPY AND GAY
Allow some to keep the money they owe? Then the I.R.S. can send me a like amount.
Obama supporters get another Bribe
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