The 2017 Tax Cuts and Jobs Act (a.k.a. tax reform) eliminated the Affordable Care Act penalty starting in tax year 2019. However, you may need to take the penalty into account if you're amending your 2018 taxes.
- Credits and deductions
- Healthcare and medical expenses
- How much is the Affordable Care Act penalty?
How much is the Affordable Care Act penalty?
SOLVED•by TurboTax•516•Updated January 13, 2023
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