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Will I be penalized under the ACA if my 26 year old son lost his insurance coverage last September and he qualifies as a dependent? He has an exemption.
He turned 26 last September and fell off of my insurance on Sept. 29th.
He filed on Healthcare.GOV and received an exemption
He qualifies as dependent for me for 2016 as he didn't work.
Will I be penalized based upon my income since he is a dependent?
Can I choose to NOT count him as a dependent if penalties would apply?
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‎June 1, 2019
12:18 AM