My employer doesn't offer insurance until the beginning of the year. Is there anyway around the penalty ?

candy123apple — Wed, 05 Jun 2019 23:03:28 GMT

Is the penalty deducted from my return or do I have to send a payment ?

It depends. However, if your employer did not offer healt...

EdwardK — Wed, 05 Jun 2019 23:03:29 GMT

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)

topic My employer doesn't offer insurance until the beginning of the year. Is there anyway around the penalty ? in Get your taxes done using TurboTax

My employer doesn't offer insurance until the beginning of the year. Is there anyway around the penalty ?

It depends. However, if your employer did not offer healt...