- Days left

6 Strange New Taxes That May Be Headed Your Way

×
sugar-sweetened beverage  soda  drink taxBy CHERYL LOCK

It's tax time!

And while you're busy scrambling to get together your return for this year, a new Time article points out six new (incredibly strange) taxes that may be coming your way in the very near future.

A few have even already passed.

Take a look at some of the ideas:




More from LearnVest:


Is Obamacare Negatively Impacting Your Tax Bill?
Six Steps to a Simple Tax Season
What to Do If You Can't Afford to Pay Your Taxes

Photo Credit: Getty Images

Increase your money and finance knowledge from home

Managing your Portfolio

Keeping your portfolio and financial life fit!

View Course »

Economics 101

Intro to economics. But fun.

View Course »

TurboTax Articles

What is Form 1095-C: Employer-Provided Health Insurance Offer and Coverage

The Affordable Care Act, or Obamacare, requires certain employers to offer health insurance coverage to full-time employees and their dependents. Further, those employers must send an annual statement to all employees eligible for coverage describing the insurance available to them. The Internal Revenue Service (IRS) created Form 1095-C to serve as that statement.

What is IRS Form 8379: Injured Spouse Allocation

The Internal Revenue Service (IRS) has the power to seize income tax refunds when a taxpayer owes certain debts, such as unpaid taxes or overdue child support. Sometimes, a married couple's joint tax refund will be seized because of a debt for which only one spouse is responsible. When that happens, the other spouse is said to be "injured" and can file Form 8379 to get at least some of the refund.

What are 1095 Tax Forms for Health Care?

The Affordable Health Care Act, also known as Obamacare, introduced three new tax forms relevant to individuals, employers and health insurance providers. They are forms 1095-A, 1095-B and 1095-C. These forms help determine if you need to comply with the new shared responsibility payment, the fee you might have to pay if you don't have health insurance. For individuals who bought insurance through the health care marketplace, this information will help to determine whether you are able to receive an additional premium tax credit or have to pay some back.

Add a Comment

*0 / 3000 Character Maximum

5 Comments

Filter by:
colloc

I have a strange idea. Why don't we stop paying ex-politicians huge pensions, stop giving stuff to all the illegals, stop giving military equipment and money to our enemies and stop wasting money on pork barrel projects? Then we could cut taxes instead of coming up with new ones.

March 09 2013 at 12:33 PM Report abuse rate up rate down Reply
Nekima

every day this country is becoming more and more disgusting!!!!

March 08 2013 at 7:58 PM Report abuse rate up rate down Reply
cliffy934

I remember back when we had energy shortage, where every one and all companies were to turn off their lights when not in use, now we have developed the hybrid vehicles that get better gas mileage, and energy deficient appliances. Now, with all this energy saved, the government wants to start charging for the number of miles you drive because tax revenue is down on gasoline. And the utility companies wants increases because we are not using as much electricity. Goodness, all this saving on energy, what was the use?

March 08 2013 at 3:36 PM Report abuse rate up rate down Reply
bchrist751

I like the Idea of taxing Electric cars and bikes....

March 08 2013 at 12:48 PM Report abuse -1 rate up rate down Reply
clarita995

gawd forbid these rectal sphincters briefly explain obummer care and the IRS involvement and of course the increased costs of health INSURANCE.
or how those obummer phones ARE PAID FOR--
nah,waste time with bs and these same taxes are already out here and HAVE BEEN already.

March 08 2013 at 12:46 PM Report abuse -1 rate up rate down Reply
powdercoatguy

Tax their land, tax their wage, tax the bed in which they lay.
Tax their tractor, tax their mule, teach them taxes are the rule.
Tax their cow, tax their goat, tax their pants, tax their coat.
Tax their ties, tax their shirts, tax their work tax their dirt.
Tax their chew, tax their smoke, teach them taxes are no joke.
Tax their car, tax their grass, tax the roads they must pass.
Tax their food, tax their drink, tax them if they try to think.
Tax their sodas, tax their beers, if they cry tax their tears.
Tax their bills, tax their gas, tax their notes, tax their cash.
Tax them good, and let them know, that after taxes they have no dough.
If they holler, tax them more, tax them till they’re good and sore.
Tax their coffin, tax their grave, tax the sod in which they lay.
Put these words upon their tomb: “Taxes drove them to their doom!”
And when they’re gone, we won’t relax, we’ll still be after their inheritance tax.

March 08 2013 at 11:45 AM Report abuse +2 rate up rate down Reply