Why This Tax Season Will Be More Complicated Than The Last

 Tax filers get ready!  January 20 is almost here!

"It's going to be complicated," said Melissa Koehler.  She as tax preparer based in Decatur.

The biggest new requirement for most taxpayers is indicating whether you had health insurance between January 1 and December 31 of last year.

"It's as simple as checking the box saying, yes, I've had heath insurance for the 12 months," said Koehler.

If not, you'll have to pay a penalty for every month you did not.

"Maybe somebody has health insurance for half the year," said Koehler.  "You could get a penalty on that half you went without insurance."

For people receiving health coverage through work, a private insurer, Medicare or Medicaid, will simply have to check a box.  But, people insured through the ObamaCare marketplace will receive form 1095A in the mail, outlining their coverage and the subsidies they received.  If you received a subsidy or think you deserve one, it's important to also file form 8962.  That will determine if you're subsidy was too large and you need to pay back some of it or if it was too small and you deserve a larger refund.

"The ones that went to the marketplace or the exchange have to report their income, but it's the income from last year, so if they made more this year, the premium tax credit or the credit that they're going to get on their return, might not be as much as they anticipated," said Koehler.

Calling the IRS help line is usually encouraged, but, this year, you may be on hold for a while.  Thanks to budget cuts enacted by Congress, there will be less people available to take your call.

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