1095-B for your taxes

[hawkerfun]

So do we really need a form 1095-B from are Insurance if it is already on are w2.

The 1095-B does not come out until march 30 2015.

My aviation tax guy is charging me extra $300 for the new proof of insurance for every month when I have been with the same company for 17 years

 

[jrmyl]

I'm not sure about that. I was reading online that the 1095-B is optional for the 2014 Tax year. Might want to get a second opinion. https://cs.thomsonreuters.com/ua/ut/2014_cs_us_en/ius/faq/form-1095-a-b-c-overview.htm

 

[gunfyter]

Turbo tax isn't charging me

 

[jtf]

If you are smart enough to be a professional pilot (not a that high a bar really), you are smart enough to knock out your own full tax returns, or at least do them with Turbo Tax or some other program for under $50. An extra $300 for one more form is robbery. $300 for everything is robbery unless you have your own business that needs to be all accounted for on top of the pilot stuff. All the instructions for every form are provided on the IRS website, right next to the forms you have to fill out. If you need a template, insist on a copy of every form that your accountant fills out for you this year so you can do it yourself next year. I was shocked how easy it is when I had to figure it out myself while I was a poor flight instructor with no money for even Turbo Tax.

 

[sky4]

hawkerfun, your tax guy is bending you over for his wife's new car payment. Your complete tax return shouldn't cost much more than $300 (and this if you have side stuff)!!!

 

[Wankel7]

Wait so we have to prove that we have had health insurance not to pay a fine?



http://www.irs.gov/instructions/i109495b/ar01.html

"Forms 1094-B and 1095-B are not required to be filed for 2014"