turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cato41
New Member

Will you explain health care individual responsibility other taxes on schedule 4 in the amount of $1454.

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Cindy0H
New Member

Will you explain health care individual responsibility other taxes on schedule 4 in the amount of $1454.

Unfortunately, this is what you have to pay for not having healthcare coverage for you and your family for the whole year.

The Affordable Care Act, also called Obama Care, requires you and each member of your family have qualifying health care coverage, qualify for a coverage exemption, or make an individual shared responsibility payment when you file your federal income tax return. Qualifying health care coverage is also called minimum essential coverage.

Under the Tax Cuts and Jobs Act, taxpayers must continue to report coverage, qualify for an exemption, or pay the individual shared responsibility payment for tax years 2017 and 2018.

View solution in original post

1 Reply
Cindy0H
New Member

Will you explain health care individual responsibility other taxes on schedule 4 in the amount of $1454.

Unfortunately, this is what you have to pay for not having healthcare coverage for you and your family for the whole year.

The Affordable Care Act, also called Obama Care, requires you and each member of your family have qualifying health care coverage, qualify for a coverage exemption, or make an individual shared responsibility payment when you file your federal income tax return. Qualifying health care coverage is also called minimum essential coverage.

Under the Tax Cuts and Jobs Act, taxpayers must continue to report coverage, qualify for an exemption, or pay the individual shared responsibility payment for tax years 2017 and 2018.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies