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Health Insurance Penalty Exemptions Forms Not Qualified

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ACA Practitioner with patient
 

According to our results, you do not qualify for an exemption. You may be required to pay a penalty when you file your taxes. We recommend discussing your health insurance situation with a tax professional to receive a more personalized assessment. Please visit a local Liberty Tax Service office to discuss your options.

Why is there a penalty for not having health insurance?

The Affordable Care Act requires that everyone have health insurance coverage through a qualified insurance plan. If you did not have health insurance or had a lapse in coverage at any time during the year, you might have to pay a fine.

 

 

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