Regulations

Help for Farmers and Fishermen on Credit Errors

By Robert Sheen | March 02, 2015

The is giving extra to farmers and fishermen who missed this year’s March 2 deadline because they were sent incorrect 1095-A from the federal . They have until April 15 to file their 2014 and pay any due, with no penalty for late filing.

Farmers and fishermen requesting the extra and penalty waiver must submit with their return electronically or on paper. The taxpayer’s name and identifying number should be entered at the top the form, the waiver box ( I, Box A) should be checked, and the rest the form should be left blank.

The CMS announced in late February that about 800,000 people who purchased were sent 1095-A with incorrect information about the amount subsidy or they would receive.

Treasury has additional information for taxpayers who already filed using an incorrect form, and said it will provide additional guidance soon. General information about the 1095-A error is from the Centers for & Services (CMS).

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