Obama Care

By RosalieM Latest Reply 2015-01-24 22:25:23 -0600
Started 2015-01-24 12:41:14 -0600

I made a huge mistake on my discussion of Obama Care and taxes. It was early last year that I dealt with this and have not looked at it since. I owe you all an APOLOGY. At that time they said the first year penalty was $94.00. No talk of that now. I did look into it thanks to the heads up you all gave me, I am prepared to do my son's taxes. It looks like he will get an exemption because Wisconsin didn't expand Medicaid. I had to put on my CIA research hat to find that out. That information was very obscure and difficult to find. Of course a CPA would know it. Now a person cannot do their own taxes even though their income is low, but must pay to have it done. Otherwise they may miss the exemption and pay money they didn't owe. When I was first married, in 1959 I did our taxes on a post card the IRS sent us. I am going to do our taxes myself this year. Even if I have to become a CIA agent to figure it out. Besides sometimes the CPA doesn't get it right, because they don't know you or me like we know us.
Scott Walker, Wisconsin governor for president!!! He will put a stop to this nonsense.

6 replies

esjesjesj 2015-01-24 13:43:43 -0600 Report

I'm sorry. I hate to keep disagreeing with you but Scott Walker is not going to put an end to it. If you look at the vast majority of the tax code in its special case exemptions for corporations. The very constituency of the Republican Party. If you want to simplify the tax code, ask to have a reduced to a simple set of equations. No words, just math. That way the tax code can be easily understood, easily audited and any special case exemptions paid for by lobbying dollars will stick out like a sore thumb.

As for those you doing your taxes, you are far braver than I. I have tried for years to keep books and I usually pay my accountant a few hundred dollars a year to clean up the mess. I am a damn good technologist, user interface analyst and general researcher but I fail miserably at anything doing the bookkeeping no matter how much I've tried with courses study etc.

RosalieM 2015-01-24 19:06:46 -0600 Report

Wisconsin is a Democrat state. Democrats tried to impeach governor Walker two years ago. We had a special impeachment election .
Governor Walker won that attempt to impeach him. Actually I am an independent not a republican. But when you get a governor with the courage he displays, you got to root for him. Don't care if he rides an elephant or a jackass.
I cannot add two and two, but sufficient to do taxes.
Technology, I don't get! I get this computer, but the TV remote, cell phone aagh !!!!

esjesjesj 2015-01-24 22:25:23 -0600 Report

re tech: ha! I'm on a mom tech-support call tomorrow. sometimes I think she has computer problems just to get me to visit

BreC 2015-01-24 13:07:33 -0600 Report

The ins and outs of the insurance and taxes is confusing. I am like you, if I don't understand, I will research it. Some don't know to do that or how to do that. Again, my experience with having to research my Ancestry comes in handy with other instances.

Jibber Jabber
Jibber Jabber 2015-01-24 12:52:18 -0600 Report

I did my taxes..my sons taxes and the taxes of several friends (which is why I know they are paying different penalty amounts)…had no problem with the affordable care act penalty questions…when you do your taxes at home with the assistance of an online tax organization..(I used turbo tax)..they walk you through the questions…the ez form on turbo tax is completely free..both federal and state…if you need to use a different form..they will charge you accordingly..

RosalieM 2015-01-24 12:59:37 -0600 Report

I just downloaded the form, I didn't go to Turbo Tax. That is what I always did. But thanks for the tip, I will go to Turbo tax. I do my business taxes too, but I will check into it. Thanks for the tip!

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