This is an example of why the lefty media has earned so much disdain. As I finished checking my Yahoo mail early this morning the Yahoo default page showed up with a string of panels, each of which is a link to a story. The first one (before I turned off cookie permission) was the one shown in the photo.
Seems that Matt Drudge, as a self employed individual, pays an estimated tax each quarter as the IRS expects all self employed people to do. So he tweeted that he paid the Obamacare tax. Then lefties pounced on that because they assumed he was talking about his 2013 tax return. Here's the link to the Yahoo news item as it appears now.
Drudge's first quarterly estimated tax payment for 2014 will be due on April 15, 2014. Whether he paid an estimate of his Obamacare tax is something only he and his tax preparer know for sure. But since he said he did, we should probably take him at his word.
After all, the instructions for the 1040es clearly contemplate that. To wit:
Health care coverage.
When you file your 2014 tax return in 2015, you will need to either (1) indicate on your return that you and your family had health care coverage throughout 2014, (2) claim an exemption from the health care coverage requirement for some or all of 2014, or (3) make a payment if you do not have coverage or an exemption(s) for all 12 months of 2014. For examples on how this payment works, go to www.IRS.gov/aca and click under the “Individuals & Families” section. You may want to consider this when figuring your “Other taxes” on Line 12 of the 2014 Estimated Tax Worksheet. For general information on these requirements, go to www.IRS.gov/aca.
Meanwhile, the Yahoo headline is one of the reasons we should be just as skeptical of Yahoo news as with the other left leaning news outlets.
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