https://ttlc.intuit.com/community/taxes/discussion/should-i-be-penalized-for-not-having-health-insurance-for-2-months-and-7-days-due-to-company-buyout/01/382106#M158234 Tue, 04 Jun 2019 01:20:52 GMT tasha 2019-06-04T01:20:52Z https://ttlc.intuit.com/community/taxes/discussion/should-i-be-penalized-for-not-having-health-insurance-for-2-months-and-7-days-due-to-company-buyout/01/382106#M158234 Tue, 04 Jun 2019 01:20:52 GMT https://ttlc.intuit.com/community/taxes/discussion/should-i-be-penalized-for-not-having-health-insurance-for-2-months-and-7-days-due-to-company-buyout/01/382106#M158234 tasha 2019-06-04T01:20:52Z https://ttlc.intuit.com/community/taxes/discussion/no-2-months-qualifies-for-a-short-gap-exemption-when-y/01/382107#M158235 <P>No, 2 months qualifies for a short gap exemption.&nbsp; When you are selecting the months you had insurance, if you had insurance for any part of the month you would select that you had insurance for that month. So since you had 2 months and 7 days without insurance, the rest of the month you would have had insurance so you would select that you had coverage for that month.&nbsp;</P> Tue, 04 Jun 2019 01:20:54 GMT https://ttlc.intuit.com/community/taxes/discussion/no-2-months-qualifies-for-a-short-gap-exemption-when-y/01/382107#M158235 Vanessa 2019-06-04T01:20:54Z https://ttlc.intuit.com/community/taxes/discussion/the-company-was-bout-out-so-i-had-to-be-on-a-90-day-prob/01/382109#M158237 The company was bout out .so I had to be on a 90 day probation period with new owner then was laid off. Tue, 04 Jun 2019 01:20:55 GMT https://ttlc.intuit.com/community/taxes/discussion/the-company-was-bout-out-so-i-had-to-be-on-a-90-day-prob/01/382109#M158237 tasha 2019-06-04T01:20:55Z https://ttlc.intuit.com/community/taxes/discussion/so-you-didn-t-have-insurance-for-5-months-or-2-months/01/382111#M158239 So you didn't have insurance for 5 months or 2 months? Tue, 04 Jun 2019 01:20:57 GMT https://ttlc.intuit.com/community/taxes/discussion/so-you-didn-t-have-insurance-for-5-months-or-2-months/01/382111#M158239 Vanessa 2019-06-04T01:20:57Z https://ttlc.intuit.com/community/taxes/discussion/the-new-people-bought-out-the-company-september-20th-and/01/382112#M158240 The new people bought out the company September 20th and you had to be on a 90-day probation. Before I can get any benefits with the new bosses but I was laid off December 7th.&nbsp;&nbsp; Tue, 04 Jun 2019 01:20:59 GMT https://ttlc.intuit.com/community/taxes/discussion/the-new-people-bought-out-the-company-september-20th-and/01/382112#M158240 tasha 2019-06-04T01:20:59Z https://ttlc.intuit.com/community/taxes/discussion/so-then-yes-you-would-be-subject-to-a-penalty-as-that-wo/01/382113#M158241 So then yes, you would be subject to a penalty as that would be 3 months without insurance. You may qualify for an affordability exemption. <BR /><BR />coverage is unaffordable through work or the marketplace, meaning coverage would cost more than 8.16% of your households Modified Adjusted Gross Income.&nbsp; You would need to&nbsp;know the cost of the plans to&nbsp;determine this&nbsp;&lt;a rel="nofollow" target="_blank" href="<A href="https://www.healthcare.gov/tax-tool/#/&quot;&gt;https://www.healthcare.gov/tax-tool/#/&lt;/a" target="_blank">https://www.healthcare.gov/tax-tool/#/"&gt;https://www.healthcare.gov/tax-tool/#/&lt;/a</A>&gt; Tue, 04 Jun 2019 01:21:00 GMT https://ttlc.intuit.com/community/taxes/discussion/so-then-yes-you-would-be-subject-to-a-penalty-as-that-wo/01/382113#M158241 Vanessa 2019-06-04T01:21:00Z https://ttlc.intuit.com/community/taxes/discussion/even-if-i-was-laid-off/01/382115#M158242 Even if I was laid off Tue, 04 Jun 2019 01:21:02 GMT https://ttlc.intuit.com/community/taxes/discussion/even-if-i-was-laid-off/01/382115#M158242 tasha 2019-06-04T01:21:02Z