WTF Tax paperwork

Discussion in 'The Howard Stern Show' started by x76, Apr 13, 2016.

  1. x76

    x76 Well-Known Member

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    I'm trying to figure out some Obamacare form from the IRS and I'm stumped. This cannot be so fucking ponderous. I couldn't get the insurance company to send me a paper bill the first six months of last year and finally started ignoring them. Apparently that wasn't a bright idea. So now I apparently have to figure out what I paid them in premiums?! How do I figure that out? The insurance company would have the information, have them figure it out.

    There's no possible way the tax code can be so complex. I mean, WTF? I have a pro do my taxes. I am totally lost with the pages of rules and instructions. If it WAS in a foreign language I could probably figure it out in Italian, French or Spanish. This may as well be written in Russian or German, some language I have no clue about.

    Howard related because money.
     
  2. Mark Mayonnaise

    Mark Mayonnaise You look like a tree! VIP

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    [​IMG]
     
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  3. knuckle_hedd

    knuckle_hedd loving life!

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    I just pay a guy to do my taxes...let him figure it out...worth the hundred bucks..
     
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  4. Micheal Kenyon

    Micheal Kenyon Here

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    Shit, my bill for my personal taxes is $325.00. Looks like I'm getting ripped off.
    I just saw the guy this morning. :oops:
     
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  5. Petal

    Petal A girl in a sea of mults VIP

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    Does your insurance company have a website/web portal where you can access your account and other medical info?

    We don't have Obamacare, but our insurance site had a section where we could download pre-populated data for tax needs. We were missing a form and found the completed version there. Maybe you could find some of your answers there?

    Just a suggestion...
     
    Last edited: Apr 13, 2016
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  6. BethSucks

    BethSucks Well-Known Member Staff Member

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    Are you Covered CA or do you buy from the exchange?
     
  7. AcquiringSignal

    AcquiringSignal Girthy VIP

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    I paid $700 to a CPA. :mad:

    He's fired.
     
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  8. x76

    x76 Well-Known Member

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    Went through a broker. I don't understand any of this. There are fourteen pages of instructions online for a two page form?!
     
  9. Micheal Kenyon

    Micheal Kenyon Here

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    700? Between the two of us, that's one hell of a Vegas weekend. Well, maybe the start to a Vegas weekend, but you get my point. :smile:
     
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  10. x76

    x76 Well-Known Member

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    [​IMG]
    The Log Lady makes more sense than IRS forms...
     
  11. CrucifiedAGT

    CrucifiedAGT He's Around VIP

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    I went through the exchange and they have a form they send you to include in your taxes. Id call your broker, they or the provider should have the tax form.
     
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  12. BethSucks

    BethSucks Well-Known Member Staff Member

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    Call the broker, he should have the premium info and access to your account info. I've had both Anthem and Blue Shield from the exchange, if you register on their websites they have all your payment info etc....

    If you've had insurance all year you don't need to worry about all the compliance crap, just check the box that says you've had insurance all year, I used TurboTax, at least that's how they handle it. But if you've paid premiums, it may be a deduction for you.
     
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  13. knuckle_hedd

    knuckle_hedd loving life!

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    I hired this kid who is a couple years out of college...Mormon kid with an MBA from BYU...he has like 4 businesses...the kid is driven...and he got me a sweet refund..
     
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  14. yaddc

    yaddc Well-Known Member

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    Really sucks paying to have them done + you owe them.
     
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  15. CrucifiedAGT

    CrucifiedAGT He's Around VIP

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    I think the premiums can only be deducted at what you pay over 10% of your AGI.

    What a scam our tax code is. We should have a flat tax at 17-20% of your income, the first $25K exempt, no deductions.
     
  16. Micheal Kenyon

    Micheal Kenyon Here

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    I'm out a grand this year.
     
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