Timberwolf
Established Member
Joined: Jan 22, 2011 17:51:35 GMT -5
Posts: 312
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Post by Timberwolf on Feb 18, 2015 23:32:27 GMT -5
I forgot to check the "full year coverage" box on line 61 of Federal form 1040 for the ACA. We did indeed have health care coverage through employer, just forgot to check the box (stupid!!)  Will I have to file an amended return? |
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taxref
Junior Member
Joined: Dec 31, 2010 11:09:13 GMT -5
Posts: 220
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Post by taxref on Feb 20, 2015 20:30:59 GMT -5
You need to check your return to see if an ACA penalty was computed. If one was, you will need to amend your return using Form 1040X.
If no penalty is on your tax return, you do not need to amend. That is because the bottom line on your tax return is correct. If you later get an inquiry from the IRS, explain the situation.
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Timberwolf
Established Member
Joined: Jan 22, 2011 17:51:35 GMT -5
Posts: 312
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Post by Timberwolf on Feb 21, 2015 12:52:52 GMT -5
Thank you taxref!
I have a health spending account so I sent along a form 8889, I'm hoping they will realize I have to have an HDHP to have the spending account.
I'll update with the outcome.
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Timberwolf
Established Member
Joined: Jan 22, 2011 17:51:35 GMT -5
Posts: 312
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Post by Timberwolf on Feb 25, 2015 16:12:23 GMT -5
**Update**
My federal refund hit my account today with no penalty. I got the full refund requested (I'm doing my happy dance here). I guess including the form 8889 did the trick and they made the assumption we had health coverage. I suppose they could send us a separate letter requesting that information, but that hasn't happened yet.
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