topic Healthcare Marketplace cancelled me, through no fault on my part. Do I still have to pay the penalty? in Get your taxes done using TurboTax

Healthcare Marketplace cancelled me, through no fault on my part. Do I still have to pay the penalty?

mrszunitedfan — Sat, 01 Jun 2019 21:11:33 GMT

I attempted to sign up for healthcare through the Marketplace for 2018. I couldn't get through on the phone before the deadline, so they called me back and said I qualified for the Special Enrollment Period. Instead of enrolling me in the plan I chose, they enrolled me in a $2,000/month plan. I couldn't afford that plan. They wouldn't let me sign up for a more affordable plan and they cancelled me!! If the Marketplace cancelled me, do I still have to pay the penalty?

Possibly, it depends on your household. You may qualify f...

Vanessa — Sat, 01 Jun 2019 21:11:34 GMT

Possibly, it depends on your household. You may qualify for an affordability exemption. This is one of the exemptions you can claim through TurboTax without a certificate number.

coverage is unaffordable through work or the marketplace, meaning coverage would cost more than 8.16% of your households Modified Adjusted Gross Income. You would need to know the cost of the plans to determine this https://www.healthcare.gov/tax-tool/#/

Walk through the Health Insurance section and carefully answer the questions to see if you qualify for the exemption and if so to have the exemption applied to your return.