#TaxGuyofLI #GardenCity #ACA |
Tax tips to keep you informed. Visit our website at www.taxguyofli.com for more free resources. Contact us for a free review of your past 3 years tax returns. Many times deductions were missed and you have $$$ coming your way!
Tuesday, October 21, 2014
Within the Affordable Care Act, what should a taxpayer do if the income changed from the estimate used at the Marketplace?
Report income and family size changes to the Marketplace throughout the year. Reporting changes will help make sure you get the proper type and amount of financial assistance and will help you avoid getting too much or too little in advance. Receiving too much or too little in advance can affect your refund or balance due when you file your tax return.
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