Exemptions are available based
on a number of circumstances, including certain hardships, some life events,
health coverage or financial status, and membership in some groups.
For more information
on exemptions, please see this Healthcare.gov topic.
To determine if you
qualify for any health insurance exemptions, please see this Healthcare.gov Exemption Tool.
For a taxpayer to qualify for an affordability exemption, the lowest-priced 2016 coverage that was available
to you (through either
a or Marketplace or job-based
plan), would've had to cost more than 8.13% of your household
income.
You may visit this
link to use the Marketplace
tool and determine what the lowest bronze-level plan would've been for
you: https://www.healthcare.gov/tax-tool/#/year
To determine what the lowest priced plan was through
your employer, you will need to contact your employer's HR department.
For the household's income, the IRS
considers the household Modified Adjusted Gross Income (MAGI).
Yes
No
