turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

If I select health care in my area were not affordable & it goes through & says penalty has been waived, does that mean that it for sure been waived and I won't be fined?

I just want to make sure that I don't have to file any other forms and that when the IRS receives my taxes they aren't gonna send me a bill because we really didn't qualify for the exemption.

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
LisaBr
New Member

If I select health care in my area were not affordable & it goes through & says penalty has been waived, does that mean that it for sure been waived and I won't be fined?

As long as your answers are correct on TurboTax, and TurboTax has informed you there will not be a penalty, you will not have to submit additional forms to the IRS. 

The following link gives more information from the IRS regarding exceptions and who qualifies for them.

https://www.irs.gov/affordable-care-act/individuals-and-families/aca-individual-shared-responsibilit...


View solution in original post

1 Reply
LisaBr
New Member

If I select health care in my area were not affordable & it goes through & says penalty has been waived, does that mean that it for sure been waived and I won't be fined?

As long as your answers are correct on TurboTax, and TurboTax has informed you there will not be a penalty, you will not have to submit additional forms to the IRS. 

The following link gives more information from the IRS regarding exceptions and who qualifies for them.

https://www.irs.gov/affordable-care-act/individuals-and-families/aca-individual-shared-responsibilit...


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies