- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
It depends. However, if your employer did not offer health insurance, you would not qualify for a healthcare penalty exemption for that reason alone.
The penalty (shared responsibility payment) should be reported on your federal tax return on Form 1040 Line 61/Form 1040A Line 38/Form 1040EZ Line 11 Health care: individual responsibility, so you should not need to send additional payment.
In the Health Insurance section under Federal, TurboTax should help determine if you qualify for a healthcare penalty exemption. Please review the following link(s) and the link(s) embedded on the webpage(s) for more information:
- Can I avoid paying the health insurance penalty?
- What health care penalty exemptions are there for financial hardships?
- What health care penalty exemptions can you claim if you weren’t required to get insurance?
- Can I get a health insurance penalty exemption?
- How much is the Affordable Care Act penalty?
- See if you qualify for a health coverage exemption (Healthcare.gov)
June 5, 2019
4:03 PM