Make sure u dont have any other holds besides the 810. Sometimes theres multiple codes that need fixing

The IRS is so behind on everything idk why they even bother with deadlines anymore smh

I had a similar issue last year and found out those numbers were just informational. BUT if you live in certain states (CA, MA, NJ, RI, or DC), they still have their own individual mandate penalties! I got hit with a $695 penalty in Massachusetts because I didn't realize this.

As someone who just went through this exact confusion with my first 1095-C form, I wanted to share what I learned after doing a deep dive into this. The dollar amounts you're seeing (like that $267.50) are NOT penalties or amounts you owe - they're just reporting what you would have paid monthly for the cheapest qualifying health plan your employer offered. The key thing to understand is that even though there's no federal penalty anymore, your 1095-C still serves an important purpose. If those monthly amounts add up to more than 9.12% of your annual household income, your employer's coverage is considered "unaffordable" under ACA rules. This is actually good news for you because it means you could potentially qualify for premium tax credits if you choose to buy coverage through Healthcare.gov instead during the next open enrollment. You definitely want to have that conversation with HR to confirm the actual costs, but don't stress about owing money right now - you're not in trouble with the IRS over this!

Does anyone know if the rules are different for state taxes? We're in California and their tax rules sometimes differ from federal. Can my son be my dependent on federal but independent on state? He's 19, in college, I pay more than half his support.

This is such a common confusion that comes up every tax season! Your son can absolutely file his own return to get his refund AND you can still claim him as your dependent - these two things are completely separate. The key is that when he files his return, he needs to check the box that says "Someone can claim you as a dependent." This tells the IRS that while he's filing to get his withholdings back, he's not claiming his own personal exemption. Based on what you've described, your son clearly qualifies as your dependent under the "qualifying child" test - he's under 19 (or under 24 if a full-time student), lives with you more than half the year, and you provide more than half his support. His $4,800 in earnings doesn't disqualify him at all. The benefits work out much better for your family this way too. You get to claim valuable tax credits like the Child Tax Credit, while he still gets back whatever was withheld from his paychecks. It's really a win-win situation, even though it might take some explaining to convince him that this is the smart financial move for the whole family!

Totally agree with filing the amendment. I went through this with forgotten stock sales in 2021. When I amended, I thought it would be a huge deal, but it was pretty painless. One tip: if you use tax software like TurboTax or H&R Block, they usually have an option to prepare an amended return based on your original filing. It makes the process WAY easier because they handle all the calculations and format everything correctly. Just make sure you print and mail the amendment - they can't be e-filed yet in most cases. And be prepared to wait a while for processing. Mine took about 4 months to get processed last year.

I'm a tax preparer and see this situation all the time - you're definitely not an idiot! Interest income reporting is one of the most commonly missed items. For $380 in interest, you're looking at maybe $40-95 in additional tax depending on your bracket. The IRS will eventually match your 1099-INT to your return through their automated system, but it can take 1-2 years. My professional recommendation: go ahead and amend. Here's why - if you amend voluntarily, you'll pay the tax plus minimal interest (calculated from the original due date). If they catch it first, you pay the same amounts PLUS potential penalties. The 1040-X isn't complicated for this type of correction. You'll just be adding the $380 to your income and recalculating your tax. Most tax software can handle this easily if you used it for your original return. One thing to keep in mind - make sure you have your 1099-INT form from the bank showing the exact amount. The IRS already has this information, so your amendment needs to match their records exactly.

Does she provide more than half of her own support? Thats another thing to consider besides just age

Just to add some clarity - the key tests for a qualifying child are: age (under 19 or under 24 if full-time student), relationship (your child), residency (lived with you more than half the year), and support (didn't provide more than half their own support). Sounds like your daughter meets all of these! The December birthday actually works in your favor since she was still 18 on Dec 31st.