Suggestions For Filing Back Taxes

Straight from an IRS agent on Reddit.com/r/taxes

"IRS employee here:

File the 2011 - 2013 returns as soon as possible, or bring them to your local Taxpayer Assistance Center[1] .

If you mail them together (in separate envelopes) there's no guarantee they will be processed in sequence, meaning choosing to credit-elect your 2011 overpayment to tax year 2012 won't work if 2012 is processed first.

For all past-due returns, please be sure they all show your current address. Each return must be signed and dated, and be sure your wage and income documents that show federal withholding are attached to their respective returns.

Each paper return should take about eight weeks to process. Assuming all three paper returns are complete and correct, you should, at minimum, receive the first balance due notice for 2013 after that time.

Once you have the 2013 notice, that would be an excellent time to e-file your 2014 return. Triple check your refund direct deposit information before you transmit the return. Three weeks after you file 2014, you should receive your refund, less the remaining balance due for 2013, and a CP 049 notice explaining the offset.

At that point I would recommend you call IRS customer service at 1-800-829-0922 M - F 7am - 7pm, speak with a representative, and request a First Time penalty abatement for tax year 2013. If you filed and paid 2010 timely, it would be very likely you would qualify for the abatement of the Failure To File and Failure To Pay penalties you will be charged for 2013.

Thank you for reading."

REFERENCE:

http://www.reddit.com/r/taxes/comments/30k0y4/filing_back_taxes/

How Do I Find Business Info on A Colorado Business?

Here is a link to search
http://www.sos.state.co.us/biz/BusinessEntityCriteriaExt.do

Where Can I Find Tax Info For Previous Years?

You need to access your transcripts which are available online here.

http://www.irs.gov/Individuals/Get-Transcript

I Drive for Uber AND/OR Lyft, How Do I File?

UNDER CONSTRUCTION:

Basically, you combine all your gross earnings from either Lyft or Uber (or both if you drove for both) and file under one Schedule C as self-employed taxi/limousine driver.

REFERENCES:
http://therideshareguy.com/all-of-your-2014-rideshare-tax-questions-answered-a-turbotax-giveaway/

Colorado State Income Tax Credits and Subtractions Basics

IN THE MAKING!

Line 9 Colorado Source Capital Gain Subtraction

Innovative Vehicle Credit

I Need to Get A Hold of An IRS Agent, What's the Easiest Way?

Best way to an agent is call 800-829-1040 then go with options 1, 2, 2, 4, then 1.

STILL WORKS! Last checked 03/24/2015

1099 DIV, Are Box 3 Nondividend Distributions Taxable?

No.  Instead it reduces the cost basis of the share purchase.

I Work for the Dept of Transportation, How Much Can I Deduct for Meals?

80% of your meal expense can be deducted.

Gambling Winnings and Losses

Gambling winnings come with a W-2G form for each winning.  You can deduct you gambling losses only up to your yearly total winnings on line 28 of Schedule A under OTHER MISC DEDUCTIONS.

What is the Difference Between Income Reported on a 1099MISC Box 3 vs Box 7

Box 3 is taxed at the normal income tax rate while box 7 is taxed as self-employed income.  There is a big difference and income in box 7 should only be income you actually did work for, therefor being self-employed.  Sometimes accounting departments confuse the boxes and you may end up paying more on money you received if its reported in the wrong box.

I Inherited A Car from a Deceased Relative. Do I Need to Pay Taxes on it?

Only if you sell the property for more than fair market value.  Then you pay capital gains on a Schedule D for the amount you gained.

REFERENCE:
http://www.irs.gov/Help-&-Resources/Tools-&-FAQs/FAQs-for-Individuals/Frequently-Asked-Tax-Questions-&-Answers/Interest,-Dividends,-Other-Types-of-Income/Gifts-&-Inheritances/Gifts-&-Inheritances

529 Plan Colorado State Deduction

ARTICLE UNDER CONSTRUCTION

Basically, you can invest in a 529 plan and deduct it from the CO state income taxes.  The cool thing is there is no period of time you have to leave the money in there so you can literally put the money into the 529, pay tuition right after that and deduct the CO state income taxes.

REFERENCE:
http://www.basonasset.com/exploiting-the-colorado-529-tax-deduction-loophole/

If I Work In Law Enforcement, Corrections or Security, Can I Deduct My Firearm, Weapon or Gun?

Yes, as an unreimbursed employee expense as long as the purchase and use of a firearm is 'ordinary and necessary' to your job duties.  Typically you can deduct a few firearms with an ordinary expense not exceeding $800.  If you do purchase weapon.

REFERENCES:
http://ljpr.com/site/images/media/tax_deductions_for_police_officers.pdf
http://www.irs.gov/pub/irs-drop/rr-99-7.pdf

Do I Need Form 1116 to Claim the Foreign Tax Credit?

If the income was passive (which most 1099DIV and 1099INT is)  AND the amount of foreign tax is less than $300 ($600 MFJ) then you don't need Form 1116.

This credit is not available to trusts or estates.

REFERENCE:
http://www.irs.gov/instructions/i1116/ch01.html#d0e229

If You Are Retired or Older Check Your Taxes Before Getting Married

If you are retired or receive 1099Rs or Social Security (SSA-1099) check before getting married. Not only will you know if either has any tax liabilities you can keep separate but often one spouse is making regular income while the other receives tax free social security. By getting married, the social security then becomes taxable. Sometimes, its financially better to be single and just in love :)

1099-C Cancellation of Debt

Can only be deducted if it is for actual property (a mortgage).

What Are The Attorney Fees on My SSA-1099 Social Security

REFERENCE: http://www.disabilitysecrets.com/resources/disability/disability-and-social-security/how-is-social-s

Tax Deduction for Attorneys' Fees

Most lawyers who handle Social Security disability cases charge a standard fee of 25% of your past-due benefits, with a cap of $6,000. (The fee may work somewhat differently if your case goes to the Appeals Council or requires multiple hearings.) If you win your disability claim, Social Security will pay the attorney fee directly to your lawyer, and you'll receive the remainder.

If some of your lump sum turns out to be taxable, you can deduct the fee paid to your attorney from your disablity benefit income, but only on a pro rata basis. For example, if 40% of your lump sum payment was counted as taxable income, you may deduct 40% of your attorney's fee. You list this deduction on Schedule A of your return, under miscellaneous deductions. Note that you must file an itemized return to claim this deduction, and that you can deduct only the amount that exceeds 2% of your adjusted gross income.

Employee Stock Purchase Plan (ESPP)

REFERENCES: https://content.etrade.com/etrade/optionslink/espptax.pdf

Where Do I Send My Payment for the IRS If I Owe?

If you file a 1040, 1040A or 1040EZ then fill out Form 1040V with the proper address as described below.



REFERENCE: http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Where-to-Send-Your-Individual-Tax-Account-Balance-Due-Payments

If you are a self-employed individual, i.e., file a Schedule C or F with your Form 1040, and you live in the following states:	Send your payments here:
Connecticut, District of Columbia, Delaware, Georgia, Illinois, Indiana, Kentucky, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Vermont, Virginia, West Virginia, Wisconsin	Internal Revenue Service Center Cincinnati, OH 45999-0010
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Florida, Hawaii, Idaho, Iowa, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Texas, Utah, Washington, Wyoming	Internal Revenue Service Center Ogden, UT 84201-0010

If you are a wage earner, i.e., not self-employed, and you live in the following states:	Send your payments here:
Florida, Louisiana, Mississippi, Texas	Internal Revenue Service Center Austin, TX 73301-0010
Alaska, Arizona, Arkansas, California, Colorado, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, South Dakota, Utah, Washington, Wisconsin, Wyoming	Internal Revenue Service Center Fresno, CA 93888-0010
Alabama, Connecticut, Delaware, District of Columbia, Georgia, Kentucky, Maine, Maryland, Massachusetts, Missouri, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Tennessee, Vermont, Virginia, West Virginia	Internal Revenue Service Center Kansas City, MO 64999-0010

All APO and FPO addresses, American Samoa, nonpermanent residents of Guam or the Virgin Islands*, Puerto Rico (or if excluding income under Internal Revenue Code Section 933 ), a foreign country: U.S. citizens and those filing Form 2555, 2555-EZ, or 4563

Send your payments here: Internal Revenue Service Austin, TX 73301-0010 U.S.A.

*If you live in American Samoa, Puerto Rico, Guam, the U.S. Virgin Islands, or the Northern Mariana Islands, see Pub. 570.

Noncash Charitable Contributions

THIS ARTICLE IS UNDER DEVELOPMENT:

Common Donne Info:

Goodwill Retail Services Inc
Donnee Id 39-2040239

REFERENCE: http://www.amazinggoodwill.com/donating/IRS-guidelines/

Can We Switch from Married Filing Joint one year to Married Filing Separate the Next?

The short answer: Yes.  But you cannot switch your filing status from MFJ to MFS (separate) in the same year beyond the return due date (April 15th).  You also may not amenda previous years from MFJ to MFS.  You may however always change your filing status of the current year and past 3 years from MFS to MFJ.

I tried to out this as simply as can be but honestly this is exactly how it reads below:

Joint Return After Separate Returns

You can change your filing status from a separate return to a joint return by filing an amended return using Form 1040X.

You generally can change to a joint return any time within 3 years from the due date of the separate return or returns. This does not include any extensions. A separate return includes a return filed by you or your spouse claiming married filing separately, single, or head of household filing status.

Separate Returns After Joint Return

Once you file a joint return, you cannot choose to file separate returns for that year after the due date of the return.

REFERENCE: Pub 17 (2014)

http://www.irs.gov/publications/p17/ch02.html#en_US_2014_publink1000170792

Do I Need to Pay Taxes on My Unemployment?

Yes.  You either add it to your income at the end of the year or you can fill out Form W-4V to have tax withheld from your unemployment checks.  You should receive a 1099-G at the end of the year with the years total unemployment and any taxes withheld.

Here is a link to the 2014 revised Form W-4V:
http://www.irs.gov/pub/irs-pdf/fw4v.pdf

Further Reading See Pub 525:
http://www.irs.gov/uac/Publication-525,-Taxable-and-Nontaxable-Income--1

Important Tax Info for Tax Year 2014

QUICK TAX REFERENCE: 2014

General Tax Calendar 2015
Individuals Quarterly Estimated Tax Payments	Corporations (FORM 1120-W) Tax Payments
Q1 Jan 15, 2015 Q2 April 15, 2015 Q3 Sept 15, 2015 Q4 Jan 15, 2016	Q1 Feb 17, 2015 Q2 April 15, 2015 Q3 Sept 15th, 2015 Q4 Dec 15th, 2015
Other Dates
04/15/2015 - 2014 Returns Due 10/15/2015 - 2014 Returns with a valid extension due

*REFERENCE: http://www.irs.gov/pub/irs-pdf/p509.pdf

2014 FILING REQUIREMENT/EXEMPTION/STANDARD DEDUCTION

FED TAX FILING REQUIREMENT THRESHOLDS (NonDependents)
Single Age 65 or Older	$10,150 $11,700
Married Filing Jointly One spouse age 65 or older Both spouses age 65 or older	$20,300 $21,500 $22,700
Married Filing Separately	$3,950
Head of Household Age 65 or older	$13,050 $14,600
Qualifying Widower Age 65 or older	$16,350 $17,550
All Self-Employed Individuals	$400

*REFERENCE PUB 17 PG 6

STANDARD DEDUCTION
Single Age 65 or older or blind (each)	$6,200 +$1,550
Married Filing Jointly Age 65 or older or blind (each)	$12,400 +$1,200
Married Filing Separately Age 65 or older or blind (each)	$6,200 +$1,200
Head-of-Household Age 65 or older or blind (each)	$9,100 +$1,550
Qualifying Widower Age 65 or older or blind (each)	$12,400 +$1,200
Dependents - Greater of	Earned Income + $350 (but no more than $6,200) or $1,000

*REFERENCE IRS PUB 17 PG 143 TABLE 20-1

Exemption Amount for 2014 is $3,950

2014 Tax Rate Schedules

*REFERENCE PUB 17 PG 262

Single

“If your taxable income is….”

Over____	but not over___	The Tax is___ + ____%	...of the amount ($) over___
$0	$9,075	10%	0
$9,075	$36,900	$907.50 + 15%	$9,075
$36,900	$89,350	$5081.25 + 25%	$36,00
$89,350	$186,350	$18,193.75 + 28%	$89,350
$186,350	$405,100	$45,353.75 + 33%	$186,350
$405,100	$406,750	$117,541.25 + 35%	$405,100
$406,750	...	$118,118.75 + 39.6%	$406,750

Married Filing Jointly or Qualifying Widower

“If your taxable income is….”

Over____	but not over___	The Tax is___ + ____%	...of the amount ($) over___
$0	$18,150	10%	0
$18,150	$73,800	$1,815 + 15%	$18,150
$73,800	$148,850	$10,162.50 + 25%	$73,800
$148,850	$226,850	$28,925 + 28%	$148,850
$226,850	$405,100	$50,765 + 33%	$226,850
$405,100	$457,600	$109,587.50 + 35%	$405,100
$457,600	...	$127,962.50 + 39.6%	$457,600

Married Filing Separately

“If your taxable income is….”

Over____	but not over___	The Tax is___ + ____%	...of the amount ($) over___
$0	$9,075	10%	0
$9,075	$36,900	$907.50 + 15%	$9,075
$36,900	$74,425	$5,081.25 + 25%	$36,900
$74,425	$113,425	$14,462.50 + 28%	$74,425
$113,425	$202,550	$25,382.50 + 33%	$113,425
$202,550	$228,800	$54793.75 + 35%	$202,550
$228,800	...	$63,981.25 + 39.6%	$228,800

Head-of-Household

“If your taxable income is….”

Over____	but not over___	The Tax is___ + ____%	...of the amount ($) over___
$0	$12,950	10%	0
$12,950	$49,400	$1,295.00 + 15%	$12,950
$49,400	$127,550	$6,762.50 + 25%	$49,400
$127,550	$206,600	$26,300.00 + 28%	$127,550
$206,600	$405,100	$48,434.00 + 33%	$206,600
$405,100	$432,200	$113,939.00 + 35%	$405,100
$432,200	...	$123,424.00 + 39.6%	$432,200

KEY INFORMATION FOR TAX YEAR 2014

Additional Child Tax Credit (FORM 8812) Maximum Credit??	Child and Dependent Care (FORM 2441) Maximum eligible expense for credit: 1 Qualifying Child $3,000 2 QCs $6,000 Deemed full-time students/disabled earnings: 1 QC? 2 QCs? Maximum pre-tax contribution to employer: 125 Plan ?
Additional Medicare Tax (FORM 8959 or 1040 LINE 62) 0.9% tax is imposed on individual’s wages, compensation, and self-employment income that exceeds: S/HH/QW $200,000 MFJ $250,000 MFS $125,000	Child Tax Credit REF PUB 17 PG 221 Maximum credit - $1,000 per child under 17 Phase-out begins with a Modified AGI of: S/HOH/QW $75,000 MFJ $110,000 MFS $55,000
Adoption (FORM 8839) Maximum credit per child $13,190 Maximum employer-provided benefits exclusion: $13,190	Coverdell ESA (PUB 970 needs UPDATE) Maximum contribution Phase-out:
Alternative Minimum Tax (FORM 6251) Exemption: S/HH $52,800 ($117,300 phase-out) MFJ/QW $82,100 ($156,500 phase-out) MFS $41,050 ($78,250 phase-out)	Earned Income Tax Credit (PUB 596) Age 25 but less than 65 Earned income AND AGI must both be less than: S/HH/QW $14,590 +1 Qualifying Child    $38,511 +2 QCs               $43,756 +3 QCs or more               $46,997 MFJ $20,020 +1 QC $43,941 +2 QCs                $49,186 +3 QCs or more                $52,427 Maximum Credit $6,143 with three or more qualifying children $5,460 with two qualifying children $3,305 with one qualifying child $496 with no qualifying children Investment income must be $3,350 or less. *REFERENCE http://www.irs.gov/Individuals/EITC-Income-Limits,-Maximum-Credit--Amounts-and-Tax-Law-Updates
Bonus Depreciation ?	Educator Expense Deduction (PUB 17 PG 138) NO DEDUCTION FOR 2014
Cars, Trucks and Vans 1st year depreciation limits: (SECTION 179) (PUB 17 PG 174 Cars $3,160 Trucks and Vans $3,460	Estate Tax Lifetime exemption $5,250,000 Maximum Rate 40%

Exemptions, Personal/Dependent $3,950 (PUB 17 PG 2)
Foreign Earned Income Exclusion (FORM 2555) (PUB 54 PG 19) Maximum exclusion: $99,200 or Foreign earned income - foreign housing exclusion	Student Loan Interest Max Deductible $2,500
Gift Tax (FORM 709) PUB 559 Annual exclusion $14,000 Lifetime exclusion? Maximum rate?
Health Savings Account (FORM 8889) PUB 969 NEEDS UPDATING ONLY 2013	“Kiddie Tax” (FORM 8615) File Form 8615 if child under 18 or full-time student under age 24 earns more than $2,000 from investments.
Household Employees (Schedule H) FICA threshold $1,900 Must file w-2 FUTA (Fed Unemployment Tax) (SCHEDULE H INSTRUCTIONS) threshold ??	Mortgage Insurance Premium Deduction EXPIRED FOR 2014
IRA - Traditional (PUB 17 PG 122) Contribution limit Non-participant $5,500 Age 50 or older $6,500 Deduction phase-out range: Active retirement plan participants: S/HH More than $60,000 Less than $70,000 MFS Less than $10,000 MFJ	Non-Business Energy Credit??

Residential Energy Credit 30% of your costs of qualified solar electric property, solar water heating property, fuel cell property, small wind energy property, and geothermal heat pump property.	Retirement Plans (PUB 939 OUTDATED) Maximum contribution: 401k, 403b, 457, SEP ?? Catch-up Age 50+   ?? SIMPLE ?? Catch-up Age 50+  ??
	Saver’s Credit (FORM 8880)??
	Section 179 Deduction (PUB 946 OUTDATED) (FORM 4562) (PUB 463 OUTDATED) Maximum deduction?? Investment limit??
Standard Mileage Rates Business:  $0.56 / mile Charity:  $0.14 / mile
Student Loan Interest Deduction(PUB 970 OUTDATED) Maximum adjustment $2,500 Phase-out: (REF PUB 17 PG 137) MFJ $130,000 - $155,000 S/HH/QW $65,000 - $75,000
Tuition and Fees Deduction EXPIRED 2014

Education Credits (FORM 8863) REF PUB 17 PG 223

	American Opportunity Credit	Lifetime Learning Credit
Maximum credit	Up to $2,500 credit per eligible student	Up to $2,000 credit per return
Limit on modified adjusted gross income (MAGI)	S/HH/QW $90,000 MFJ $180,000	S/HH/QW $64,000 MFJ $128,000
Refundable or Non-Refundable	40% of credit refundable	Non-refundable
# of Years of Post-secondary Education	Available ONLY if the student has not completed the first 4 years of post-secondary education before 2014	Available for all years of post-secondary education including course to acquire or improve job skills
# of tax years credit available	Only 4 years per eligible student (including any years the Hope credit was claimed)	Available for an unlimited amount of tax years.
Type of program required	Must pursue leading to a degree or other recognized credential	Does not
Number of Courses	Must be enrolled at least for at least one time per academic period in 2014 or 1st 3 months of 2015 if qualified expenses were paid in 2014)	Available for one or more courses
Felony drug convictions	Ineligible if convicted	Does not affect
Qualified Expenses	Tuition, required enrollment fees, and course materials that the student needs for a course of study whether or not the materials are bought at the educational institution as a condition of enrollment or attendance	Tuition and required enrollment fees (including amounts required to be paid to the institution for course-related books, supplies, and equipment)
Payments for academic periods	Payments made for 2014 and the first 3 months of 2015	Payments made for 2014 and the first 3 months of 2015

Test for Qualifying Child

Test for Qualifying Relative

1. The child must be your son, daughter, stepchild, foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them. 2. The child must be (a) under age 19 at the end of the year and younger than you (or your spouse, if filing jointly), (b) under age 24 at the end of the year, a student, and younger than you (or your spouse, if filing jointly), or (c) any age if permanently and totally disabled. 3. The child must have lived with you for more than half of the year.2 4. The child must not have provided more than half of his or her own support for the year. 5. The child must not be filing a joint return for the year (unless that return is filed only to get a refund of income tax withheld or estimated tax paid).

1. The person cannot be your qualifying child or the qualifying child of any other taxpayer. 2. The person either (a) must be related to you in one of the ways listed under Relatives who do not have to live with you, or (b) must live with you all year as a member of your household2 (and your relationship must not violate local law). 3. The person's gross income for the year must be less than $3,950.3 4. You must provide more than half of the person's total support for the year.4

Exemptions To ACA FORM

Federal Poverty Line For Use with ACA

$11,490 (100%) up to $45,960 (400%) for one individual. $15,510 (100%) up to $62,040 (400%) for a family of two. $23,550 (100%) up to $94,200 (400%) for a family of four.

Premium Tax Credit Eligibility

You are eligible for the premium tax credit if you meet all of the following requirements: Purchase coverage through the Marketplace. Have household income that falls within a certain range (see question 6). Are not able to get affordable coverage through an eligible employer plan that provides minimum value (see questions 8 and 9). Are not eligible for coverage through a government program, like Medicaid, Medicare, CHIP or TRICARE. Do not file a Married Filing Separately tax return (unless you meet the criteria in section 1.36B-2T(b)(2) of the Temporary Income Tax Regulations, which allows certain victims of domestic abuse and spousal abandonment to claim the premium tax credit using the Married Filing Separately filing status (see questions 12 and 13). Cannot be claimed as a dependent by another person.

ACA Calculation

Shared Responsibility Payment

For 2014, the annual SRP amount is the greater of:

● 1 percent of the household income that is above the tax return filing threshold for the taxpayer’s filing status, or

Household Income - fed tax threshold x .01 (1%) = 12 month Shared Responsibility Payment

• Divide by 12 for monthly payment

● The family’s flat dollar amount, which is $95 per adult and $47.50 per child (under age 18), limited to a family

maximum of $285.

*REFERENCE PUB 5187 PG7

Household Income = Modified Adjusted Gross Income of you and spouse + MAGI of any dependents

*FORM 8965 PG2

Box 12 W-2

COBRA, EMPLOYER, MEDICARE A&B (but not D possibly)

EITC Income Limits

Filing Status	Earned income and adjusted gross income must each be less than:	Maximum Credit for Tax Year 2014
Single/Hoh/Widow	$14,590	$496
+1 QC	$38,511	$3,305
+2 QCs	$43,756	$5,460
+3 or More QCs	$46,997	$6,143
MFJ	$20,020	$496
+1 QC	$43,941	$3,305
+2 QCs	$49,186	$5,460
+3 QCs	$52,427	$6,143
** Investment income must be $3,350 or less for the year **Cannot receive MFS

ACA Exemptions and Codes (Form 8965)

Coverage Exemption	Granted By Marketplace	Claimed On Tax Return	Code for Exemption
Unaffordable - the minimum for premiums is more than 8% of household income		X	A
Short Coverage Gap - you went less than 3 consecutive months without coverage		X	B
Citizens Living Abroad & Certain Non-Citizens: You are - a. US citizen or resident who spent 330 days or more outside of the country b. US resident or bona fide resident of another country or U.S. territory  C. Neither a U.S. citizen or resident or LEGAL alien		X	C
Household Income Below Filing Threshold		X	No Code
Members of a Healthcare Share Ministry	X	X	D
Members of a Federally Recognized Indian Tribe	X	X	E
Incarceration	X	X	F
Members of Certain Religious Sects	X		No Code
Limited Benefit Medicaid and TRICARE programs - Do not meet minimum coverage		X	H
Fiscal Year Employer Coverage		X	H
Hardships:
Two or more family members' aggregate cost of self-only employer-sponsored coverage is more than 8% of household income, as is the cost of any available employer-sponsored coverage for the entire family.		X	G
You purchased insurance through the Marketplace during the initial enrollment period but have a coverage gap at the beginning of 2014.		X	G
You applied for CHIP coverage during the initial open enrollment period and were found eligible for CHIP based on that application but have a coverage gap at the beginning of 2014.		X	G
You are an American Indian, Alaska native, or a spouse or descendant of either who is eligible for services through an Indian health care provider.	X	X	E
Your gross income is below the filing threshold.		X	No Code
You are experiencing circumstances that prevent you from obtaining coverage under a qualified health plan.	X		No Code
You do not have access to affordable coverage based on your projected household income.	X		No Code
You are ineligible for Medicaid solely because the state in which you live does not participate in the Medicaid expansion under the Affordable Care Act.	X		No Code
You have been notified that your health insurance policy will not be renewed and you consider the other plans available unaffordable.	X		No Code

ACA National Average Bronze Plan for 2014 was $204 per month

Common E-File Reject Codes

R0000-507-01	Dependent SSN already claimed. Make sure SSN is correct.
R0000-504-02	Dependent SSN doesn’t match IRS. Confirm SSN.
F1040-429	First Time Hombuyer Installment payment is due on Line 60b. Attach form 5405
FW2-502	EIN typo on W2