About 50,000 taxpayers who had filed their returns before an error in an Obamacare tax form was discovered will be able to keep the money, the IRS said yesterday. The erroneous forms went out to 800,000 taxpayers. Most of those citizens will have to wait for the IRS to mail them a corrected form before they can file their taxes. Treasury said people who did not pay enough in taxes because of the glitch will be allowed to keep the money. If they paid too much, then they have the option of filing an amended return to get their money back. The administration has not provided a breakdown of how many people paid too little and how many paid too much. "The IRS will not pursue the collection of any additional taxes from these individuals based on updated information in the corrected forms," a Treasury spokesman said. "Individuals may want to consult with their tax preparers to determine if they would benefit from filing amended returns," the spokesman...(Read Full Post)