Regulations

800,000 Get Wrong ACA Tax Information

By Robert Sheen | February 23, 2015

About 800,000 taxpayers who obtained Act policies through the were sent incorrect information by the government, and have been urged to delay filing their until they receive corrected . That is expected to be in early March.

The error affects some consumers in the 37 states using who received to help cover the their premiums.

The were based each consumer’s projected income for 2014 and the a “benchmark plan.”

For about 800,000 taxpayers, or about a fifth those receiving the , incorrect benchmark premiums were reported the the government sent out. The error was made by the Department and Human Services.

According to the Internal Revenue Service, about 50,000 taxpayers have already filed with the incorrect figures, and may need to file amended .

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