October 22, 2020 – The individual mandate and its associated penalty are applicable to 2018 tax returns, as the repeal of the mandate penalty didn't take… Read more
September 12, 2019 – Although there is no longer a federal tax penalty for being uninsured, some states have created their own penalties with enforcement… Read more
January 19, 2019 – Q. Is the Obamacare individual mandate just based on the honor system? A: In some ways, yes. But although the individual mandate penalty… Read more
If I owe income tax and the ACA penalty but don’t plan to pay the ACA penalty, will the IRS apply my payment to my penalty or to my income tax?
January 12, 2018 – Q. If I owe income tax and the ACA penalty but don’t plan to pay the ACA penalty, will the IRS apply my payment to my penalty or to my… Read more
I can’t enroll in my employer-sponsored plan until July. Do I have to pay a penalty for the first half of the year?
January 10, 2018 – Q. I've been uninsured for the last few years. My company offers health insurance, but I didn't enroll during the open enrollment period… Read more
Does every business with 50 or more employees pay a penalty if it doesn’t offer ‘affordable, comprehensive’ insurance?
January 9, 2018 – Q. Does every business with more than 50 employees pay a penalty if they don’t offer "affordable, comprehensive" insurance? A.… Read more
August 8, 2016 – Q. Is there a minimum age for the ACA's individual mandate? And who is responsible for paying the penalty if a child or young adult… Read more
March 3, 2016 – Q: If I pay the tax for not purchasing health insurance, does that buy me an insurance policy? A: No. You’re not buying insurance;… Read more
When I file my taxes, my preparer asks me if I have health insurance. How is that any of their business?
February 1, 2016 – Q. When I file my taxes, my preparer asks me if I have health insurance. How is that any of their business? A. Telling the government… Read more