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Hi, I'm eligible for a health insurance exemption because I lived in South Korea from January to March and had health insurance starting in April. What should I do?

 
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MonikaK1
Expert Alumni

Hi, I'm eligible for a health insurance exemption because I lived in South Korea from January to March and had health insurance starting in April. What should I do?

It depends. Answer the questions about health insurance where they appear in TurboTax. There is no longer a penalty on the Federal return for not having insurance all year.

 

If you had Marketplace insurance starting in April, then you would fill out the section on Form 1095-A and answer the questions. 

 

If you live in a state such as California that still imposes a penalty for not carrying health insurance, answer the questions in TurboTax in the state return. The California return has a Health Insurance Penalty section. 

 

See this TurboTax help article for more information.

 

 

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