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  1. #1
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    Default `.....What happens if you don't pay the `o` tax for not having medical insurance?

    `According to this article.... apparently nothing unless you were anticipating a refund which IRS might seize...................`

    Interesting quick read..

    http://www.forbes.com/sites/kellyphi...+for+Forbes%29



  2. Thanks Anton Chigurh thanked this post
  3. #2
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    Default

    It's actually fairly easy to get a waiver or exemption. Particularly in states that opted out of the healthcare market.

  4. #3
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    Default

    I will be paying about a $400 penalty for last year because my income is like a roller coaster resulting in over-withholding. My refund will get a $400 haircut from 5 penalty months. I was only able to get 7 months exempted.
    Last edited by tailfins; 03-04-2015 at 09:18 AM.
    Experienced Social Distancer ... waaaay before COVID.

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