When i enter my annual income as 16242 i find myself except from health insurance tax but any extra dollar and i have to pay the penalty given that i didnt have insurance

[patoot10]

whats special about this income 16242 ? .. also according to healthcare.gov exception calculator .. as long as you find a plan in any program with a yearly premium of less than  8.13% of your annual income you won't be exempt from the penalty.

why is turbotax showing different results than the official government calculator ?

[TaxGuyBill · Accepted solution]

$16,242 is 138% of the Federal Poverty Level (FPL).

If you were in a State that had expanded Medicaid, income of less than 138% of the FPL would have qualified you for free Medicaid.  Because you do not live in a State that has expended Medicaid, that is a waiver to the penalty, and TurboTax automatically gives it to you.

[patoot10]

thanks for answering .. so basically if your state expanded medicaid .. what kind of income exempts you from paying the fee ?

[TaxGuyBill]

There is no limit of income that would exempt the penalty.  You would either owe the penalty for look for another type of exemption.

[patoot10]

thanks