Last week, the Obama administration admitted it sent out 800,000 Obamacare forms with incorrect tax information–a government mistake that threatened to force Obamacare customers to resubmit their tax returns and possibly delay their refunds. This week, however, the Treasury Department says that will not be necessary.
Affected Obamacare customers can simply do nothing following the administration’s error–even if they were among the estimated 50,000 individuals who already submitted their tax returns using the incorrect information the government sent them.
The erroneous information contained inaccurate premium information for so-called “benchmark” plan pricing. That means some taxpayers may claim too big an Obamacare subsidy and others too little, notes the National Journal. However, the government now says if people owe the government more and do nothing, they will incur no fines or penalties.
Obamacare is affecting tax filings for millions of Obamacare customers. According to H&R Block, half of Obamacare customers owe the IRS money for having received too much money in taxpayer-funded subsidies. H&R Block also says, on average, affected Obamacare customers will owe the government $530, which will be deducted from their tax refunds.
Obamacare remains deeply unpopular. According to the latest RealClearPolitics poll average, just 39% of Americans support it.