Yes, you would file amended income tax returns and claim the exemptions in TurboTax. This would remove the penalties and you would get the money back as a refund.
If you tell us you didn’t have health insurance coverage or only had it for part of 2015 or 2016, we'll check to see if you had a situation that qualifies for a penalty exemption. If so, we'll help you get the penalty waived.
There are several types of exemptions to the health insurance penalty, including income-related exemptions, hardship exemptions and others.
To see if you qualify for an exemption:
Simply answer the questions, and we’ll let you know if you or anyone else on your taxes are eligible for an exemption from the penalty. We’ll also tell you what you need to do next.