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MariC
Returning Member

Can I get exemption from healthcare tax penalty?

Unemployed, zero income from Jan-Sept 2018, no healthcare insurance. Got job Oct-Dec 2018 with healthcare, and wages of $25k plus.

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Accepted Solutions
Vanessa
Level 3

Can I get exemption from healthcare tax penalty?

Yes, since you had no income, then insurance in your area would be more than 8.16% of your household income.  If this is the case, when you are walking through the Health Insurance Section in TurboTax, you will simply select "Insurance through the marketplace was not affordable" when it asks do any of these situations apply that would waive the penalty. 

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2 Replies
Vanessa
Level 3

Can I get exemption from healthcare tax penalty?

Yes, since you had no income, then insurance in your area would be more than 8.16% of your household income.  If this is the case, when you are walking through the Health Insurance Section in TurboTax, you will simply select "Insurance through the marketplace was not affordable" when it asks do any of these situations apply that would waive the penalty. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

MariC
Returning Member

Can I get exemption from healthcare tax penalty?

Thank you!
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