CALL FOR A FREE TAX CONSULTATION: 855.829.6875

Find out if You Qualify for a Health Insurance Coverage Exemption

Find out if You Qualify for a Health Insurance Coverage Exemption
The Affordable Care Act calls for individuals to have qualifying health insurance coverage for each month of the year, have an exemption, or make a shared responsibility payment when filing his or her federal income tax return.

You may be exempt from the requirement to maintain qualifying health insurance coverage, called minimum essential coverage, and may not have to make a shared responsibility payment when you file your next federal income tax return. Continue reading