topic Is claiming a dependent who does not have insurance worth it? What is the penalty how does this work? For 2015 taxes in Get your taxes done using TurboTax

Is claiming a dependent who does not have insurance worth it? What is the penalty how does this work? For 2015 taxes

albertdebaene — Sat, 01 Jun 2019 00:37:04 GMT

My mom lives with me she has no income and no insurance if I claim her how would it look?

You would be responsible for the penalty for your depende...

HollyP — Sat, 01 Jun 2019 00:37:06 GMT

You would be responsible for the penalty for your dependent if she did not qualify for an exemption (waiver.) The fee for not having health insurance is $325 per person or 2% of your household income – whichever is higher. The fee applies to people who can afford health insurance but choose not to buy it, or who do not qualify for an exemption.

Please see the FAQ below for more info. https://ttlc.intuit.com/replies/4264728

if no waiver applies, is it better to drop the dependent...

ramimahdi — Sat, 01 Jun 2019 00:37:06 GMT

if no waiver applies, is it better to drop the dependent ? ... in my case I am talking about my father as a dependent