Frequently-asked questions by tag

shared responsibility penalty

I’ve heard that I need to have an ACA-compliant health plan, but what does that mean?

I’ve heard that I need to have an ACA-compliant health plan, but what does that mean?

April 7, 2018 – Q. I've heard that I need to have an ACA-compliant health plan, but what does that mean? A: It just means an individual or small group… Read more

Man holding a bomb with an Obama logo wondering if the government can enforce Obamacare penalties

Is it true that government can’t really enforce the penalty for not having health insurance?

February 16, 2018 – Q. I've heard that the government won't really be able to enforce the penalty for not having health insurance. Is this true? A: Although… Read more

Is the Obamacare individual mandate just based on the honor system?

Is the Obamacare individual mandate just based on the honor system?

January 30, 2018 – Q. Is the Obamacare individual mandate just based on the honor system? A: In some ways, yes – particularly for 2014. But although the… Read more

A tax form highlighting line 61

With the GOP tax bill and the president’s 2017 executive order, will the IRS still enforce the individual mandate penalty?

January 22, 2018 – Q: Will the IRS enforce the Affordable Care Act's penalty for 2017 tax returns, given President Trump's 2017 executive order and the GOP… Read more

Will the IRS apply my payment to my penalty or to my income tax?

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