It said we were exempted for insurance coverage what does that mean

[MollsBBU · Accepted solution]

If you qualify for an exemption, you don't have to have health insurance or pay a fee for the months the exemption applies. 

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 general 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 .

[TaxGuyBill]

So it means that you do not need to pay the penalty for not having qualifying health insurance all year.

[MollsBBU]

Thank you! I'll clarify above.

[meganraney17]

It means you Do not qualify.