Fee

According to Healthcare.gov (n.d.); “ A payment (“penalty,” “fine,” “individual mandate”) you made when you filed federal taxes if you didn’t have health insurance that counted as qualifying health coverage for plan years 2018 and earlier. The fee for not having health insurance no longer applies. This means you no longer pay a tax penalty for not having health coverage.

The federal tax penalty for not being enrolled in health insurance was eliminated in 2019 because of changes made by the Trump Administration.

Don't use plagiarized sources. Get Your Custom Essay on
Fee
Just from $13/Page
Order Essay

The prior tax penalty for not having health insurance in 2018 was $695 for adults and $347.50 for children or 2% of your yearly income, whichever amount is more.

ORDER NOW »»

and taste our undisputed quality.