MP Podcast — 27

Obamacare refunds are delayed by the IRS.
Rich people paying less taxes: possibly a misconception and generalization.
Tax returns are found on the streets of Philadelphia; investigation continues.

“Some enrollees will have to pay back part of their subsidies or receive smaller refunds if they underestimated their incomes. Others may get larger refunds if they earned less than they anticipated.
The IRS needs to get the 1095-A forms, which includes the subsidy data, from the state exchanges to confirm the information taxpayers put on their return is correct.
Olson’s comments are the latest headache for Obamacare enrollees and the Obama administration. Last month, administration officials said that 800,000 enrollees received incorrect 1095-A forms. That forced the majority of them to delay filing their tax returns until they get updated forms. (Some 50,000 people who had already sent in their returns will not have to amend them.)
Also, scores of people who paid a penalty fo