Helpfulbox Now Offers Free POS Software for restaurants, kiosk, and any other retails business completely free used windows cashier system or as full blown POS. You will able to print to kitchen, display orders on the kitchen screen, manage inventory, employee, report, customer loyalty offers, employee management, delivery address track and much more, al for free.

Error in Healthcare Penalty...How Do I Amend?

Prepping my taxes with a popular home tax software, I made an error in checking the wrong box in regard to my 2015 healthcare coverage. I WAS covered for the entire year by an ACA compliant plan but for whatever reason, I checked the box saying I wasn't covered. Of course I was assessed a penalty but I didn't discover my mistake until a couple weeks AFTER I electronically submitted my return and printed out a hard copy. My (smaller) refund should be deposited into my bank account sometime this week. I know I have to file an amended return to recoup the erroneous penalty but I do have questions as to how I go about it........ 1). How should I explain my error on the amended return??? 2) Are there any other forms I need to complete and attach???
Date: Wed-Mar-9-2016-
Response
0
Amended Return File form 1040X and explain the error in the explanation box on the form, attach the amended return that should be prepared the way you originally intended to prepare; the numbers from the newly prepared return will transmit to the respective boxes onto the 1040X form; then you will make some changes manually inputting the original numbers against the numbers brought in by the software from the newly prepared return; the result will show a refund at the bottom of 1040X and you're done. Amended returns are always paper filed. Good luck. 
[d] By: wroughtiron
Date: Wed-Mar-9-2016
Response
What is 1 + 100



Helpfulbox Now Offers Free POS Software

for restaurants, kiosk, and any other retails business completely free. It can be used as windows cashier system or as full blown POS. You will able to print to kitchen, display orders on the kitchen screen, manage inventory, employee, report, customer loyalty offers, employee management, delivery address track and much more, all for free.

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