How do i pay my penalty for not having insurance for part of the year?
01541
1 Best answer
rjs
Level 15
Jun 3, 2019 4:49:23 PM
The penalty will be included in the total tax on your tax return. It will reduce your refund or will be added to the tax that you owe. TurboTax will calculate the penalty after you enter the information about which months you did not have insurance.
1 Replies
rjs
Level 15
Jun 3, 2019 4:49:23 PM
The penalty will be included in the total tax on your tax return. It will reduce your refund or will be added to the tax that you owe. TurboTax will calculate the penalty after you enter the information about which months you did not have insurance.