If the ACA individual mandate is repealed this December 2017, will turbo tax update?

[DoninGA · Accepted solution]

The tax code repeals the penalty for not having health insurance in tax year 2019 and future years.  It does not affect tax year 2017.

[SweetieJean]

or is it 2019?
<a rel="nofollow" target="_blank" href="http://www.modernhealthcare.com/article/20171218/NEWS/171219884">http://www.modernhealthcare.com/art...>

[DoninGA]

Right..2019

[SweetieJean]

For Tax Year 2017, the IRS will not consider a return complete and accurate if the taxpayer does not report full-year coverage, claim a coverage exemption, or report a shared responsibility payment on the tax return.
<a rel="nofollow" target="_blank" href="https://www.irs.gov/affordable-care-act/individuals-and-families/individual-shared-responsibility-pr...>

[TaxGuyBill]

As a side note, the "Individual Mandate" will still exist.  So it is still the law to have health insurance.  However, the penalty for violating that Individual Mandate will be $0 starting in 2019.

[ghost]

That is almost laughable.