President Trump has exempted people from the illegal tax penalty for no insurance. We can ignore and not answer. Why hasn't it been updated on here?

oldn2ys — Thu, 06 Jun 2019 05:44:30 GMT

See this FAQ for details on the executive action https://...

LindaBelmont — Thu, 06 Jun 2019 05:44:32 GMT

See this FAQ for details on the executive action

https://ttlc.intuit.com/replies/5836362

Wait until March 2. First, to clarify, President Trumps...

bwa — Thu, 06 Jun 2019 05:44:32 GMT

Wait until March 2.

First, to clarify, President Trumps order did not exempt anyone from the penalty. Only a legislation change can do that and whether it will be made retroactive is anyone's guess.

The IRS did say that they will accept a return without the Affordable Care Act block checked. Turbotax has announced that they will modify the program such that starting March 2, To account for this they need a short time to make the change to the program. See https://ttlc.intuit.com/questions/3662774

There is no guarantee that this will exempt anyone from the additional tax, as the IRS has not announced that they won't add the penalty to your account and offset it from a refund. Their action is to meet the President's mandate to make it easier to address the Affordable Care Act, but the Act has not been repealed.

topic See this FAQ for details on the executive action https://... in Get your taxes done using TurboTax

President Trump has exempted people from the illegal tax penalty for no insurance. We can ignore and not answer. Why hasn't it been updated on here?

See this FAQ for details on the executive action https://...

Wait until March 2. First, to clarify, President Trumps...