You will have to do some calculations.
If you were not offered health insurance through a job and the minimum amount you would’ve paid toward the premiums on the lowest-cost coverage available through your state’s Marketplace would have cost you more than 8.05% of your household income, then coverage was not affordable for you.
Example: Earl is unmarried with no dependents with household income of $30,000. He has no medical coverage offered through work. The premium for the lowest cost bronze plan in his area would be $5,000 and he would have been able to claim a $1,700 credit if he had enrolled in the plan. Earl can claim the exemption for unaffordable coverage since the cost of the plan, $3,300 ($5,000 minus $1,700) is more than 8.05% of his household income ($30,000 times 8.05% equals $2,415).
