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Year End aipodaniki vastundi. -- Plan your finances accordingly


Spartan

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On 11/11/2016 at 1:12 PM, Spartan said:

fine vestaru...insurance leakpote. for anyone.

 

2.5% of total income or 695$ whichever is higher..

details.

https://www.healthcare.gov/fees/fee-for-not-being-covered/

 

penalty estimator.

https://taxpayeradvocate.irs.gov/estimator/isrp/

Penalty Tatha removed na uncle..

 

 

Starting with the 2019 plan year (for which you’ll file taxes in April 2020), the Shared Responsibility Payment no longer applies.

Note: Some states have their own individual health insurance mandate, requiring you to have qualifying health coverage or pay a fee with your state taxes for the 2019 plan year. If you live in a state that requires you to have health coverage and you don’t have coverage (or an exemption):

  • You’ll be charged a fee when you file your 2019 state taxes.
  • You won’t owe a fee on your federal tax return.

 

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44 minutes ago, ForEverJava said:

Penalty Tatha removed na uncle..

 

 

Starting with the 2019 plan year (for which you’ll file taxes in April 2020), the Shared Responsibility Payment no longer applies.

Note: Some states have their own individual health insurance mandate, requiring you to have qualifying health coverage or pay a fee with your state taxes for the 2019 plan year. If you live in a state that requires you to have health coverage and you don’t have coverage (or an exemption😞

  • You’ll be charged a fee when you file your 2019 state taxes.
  • You won’t owe a fee on your federal tax return.

 

K

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13 hours ago, ForEverJava said:

Penalty Tatha removed na uncle..

 

 

Starting with the 2019 plan year (for which you’ll file taxes in April 2020), the Shared Responsibility Payment no longer applies.

Note: Some states have their own individual health insurance mandate, requiring you to have qualifying health coverage or pay a fee with your state taxes for the 2019 plan year. If you live in a state that requires you to have health coverage and you don’t have coverage (or an exemption):

  • You’ll be charged a fee when you file your 2019 state taxes.
  • You won’t owe a fee on your federal tax return.

 

yes..but this thread is from 2016

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