Tax question?

[Edo_Okati]

48 minutes ago, killbillpandey123 said:

My HR people said, we can take them out, if they are out of country for longer duration and add them, when they are back.

that is some thing new bro... never heard before...

 Are you sure it's covered or HR just playing around?

[Edo_Okati]

49 minutes ago, killbillpandey123 said:

My HR people said, we can take them out, if they are out of country for longer duration and add them, when they are back.

which months were they out of the country? when did they come back?

[killbillpandey123]

3 minutes ago, Edo_Okati said:

which months were they out of the country? when did they come back?

Asked them, whether I can drop coverage for my family, if they are out of country for a extended period of time, they said I can , by providing them the travel itinerary. They are out from Sep-2017 to Mar-2018. Mine is employer group plan.

[Edo_Okati]

1 minute ago, killbillpandey123 said:

Asked them, whether I can drop coverage for my family, if they are out of country for a extended period of time, they said I can , by providing them the travel itinerary. They are out from Sep-2017 to Mar-2018. Mine is employer group plan.

they might have added them for renewal bro.....

Septmeber to December should be fine... rest worry about next year... go to a CPA... they will do it for you... I did mine the same way... when my family was out... he asked why they were not insured... I told them they were out of country... he said thats fine and no penalty..

[killbillpandey123]

13 minutes ago, Edo_Okati said:

that is some thing new bro... never heard before...

 Are you sure it's covered or HR just playing around?

Emo bhaya, I asked them, they said it is possible and I did that to save money (waste ga insurance endhuku pay cheyali, if they are not covering in india)

[killbillpandey123]

3 minutes ago, Edo_Okati said:

they might have added them for renewal bro.....

Septmeber to December should be fine... rest worry about next year... go to a CPA... they will do it for you... I did mine the same way... when my family was out... he asked why they were not insured... I told them they were out of country... he said thats fine and no penalty..

I doing it self in Turbo tax.

Did your CPA select had insurance all year around?

If not, what penalty exemption he used?

[Edo_Okati]

10 minutes ago, killbillpandey123 said:

I doing it self in Turbo tax.

Did your CPA select had insurance all year around?

If not, what penalty exemption he used?

don't how that works thats why I hired him... 

[krishna0125]

23 hours ago, killbillpandey123 said:

I have a tax filling related question, dependent wife and kid ki health insurance thisukoledhu for 4 months in 2017, when they are out of country and added them to insurance when they are back here.

Now the question is should we pay penalty for those 4 months or do we have penalty exemption as they were out of country for that time period?

koncham clarify cheyandi ba 

Turbo tax lo chesthunta, it is showing penalty for those months and exemption list lo out of country option ledhu.

You wife and kid insurance for 4 months can be waived under life changing events since they travlled from India to USA. In  this case you need to file with CA not turbo tax..may be turbo tax dont have in deepth tool to take these situation into account. I am in same boat few years back and dont need to pay any fine..

[killbillpandey123]

2 hours ago, krishna0125 said:

You wife and kid insurance for 4 months can be waived under life changing events since they travlled from India to USA. In  this case you need to file with CA not turbo tax..may be turbo tax dont have in deepth tool to take these situation into account. I am in same boat few years back and dont need to pay any fine..

Can you let me know, what exemption your CA used? It can be found in form 8965 of your tx returns.

It is to late for me to go to CA.

[krishna0125]

 

27 minutes ago, killbillpandey123 said:

Can you let me know, what exemption your CA used? It can be found in form 8965 of your tx returns.

It is to late for me to go to CA.

I dont have those forms now..contact AOtax..vallu free ga unnaru eppudu ma friend ki one day lo chesi echaru draft..he did it yesterday.

[killbillpandey123]

1 hour ago, krishna0125 said:

 

I dont have those forms now..contact AOtax..vallu free ga unnaru eppudu ma friend ki one day lo chesi echaru draft..he did it yesterday.

Bro, meru AOtax use chesara, are they reliable? desi gada?

[krishna0125]

15 minutes ago, killbillpandey123 said:

Bro, meru AOtax use chesara, are they reliable? desi gada?

I am using from last 3 years no issues. Desi na but if you dont claim things you didnt spend money on, you will be fine whether desi or American or turbo-tax..