Penalty for no health insurance coverage

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  • #3126
    ej631
    Participant

    Hello! Your kind assistance please. Thanks!
    Single adult, no dependents. health coverage through employer first 4 months of 2018. No health insurance rest of the year; although employed last 4 months of 2018, with no health coverage through employer. Somehow unable to obtain a clear-cut definition of penalty; looked everywhere, even some fee estimators .

    #3130
    kaneohe
    Participant

    https://taxpayeradvocate.irs.gov/estimator/isrp/

    Above is a tool that estimates the penalty. At the
    bottom of the first page is the actual name of the
    form & instructions for doing the calculation.
    Appears to depend on your income……..

    #3133
    ej631
    Participant

    Thanks very much Kaneohe. Have a great day!

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