My employer doesn't offer insurance until the beginning of the year. Is there anyway around the penalty ?

[candy123apple]

Is the penalty deducted from my return or do I have to send a payment ?

[EdwardK]

It depends. However, if your employer did not offer health insurance, you would not qualify for a healthcare penalty exemption for that reason alone.

The penalty (shared responsibility payment) should be reported on your federal tax return on Form 1040 Line 61/Form 1040A Line 38/Form 1040EZ Line 11 Health care: individual responsibility, so you should not need to send additional payment.

In the Health Insurance section under Federal, TurboTax should help determine if you qualify for a healthcare penalty exemption. Please review the following link(s) and the link(s) embedded on the webpage(s) for more information:

• Can I avoid paying the health insurance penalty?
• What health care penalty exemptions are there for financial hardships?
• What health care penalty exemptions can you claim if you weren’t required to get insurance?
• Can I get a health insurance penalty exemption?
• How much is the Affordable Care Act penalty?
• See if you qualify for a health coverage exemption (Healthcare.gov)