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exemption

How Much Is Health Insurance Penalty For 2016?

January 24, 2024 by James Park

How Much Is Health Insurance Penalty For 2016? Adults and families earning 250% of the federal poverty level or higher had higher penalties, based on a percentage of their income. Penalties increased in 2015 and 2016, to $325 per individual and $695 per individual, respectively. Family limits increased to $975 in 2015 and $2,085 in

Categories Health Tags 2019 taxes, exemption, health insurance, healthcare, insurance

How Much Is Health Care Penalty 2018?

January 24, 2024 by James Park

How Much Is Health Care Penalty 2018? The penalty will amount to $695 for an adult and half that much for dependent children. Some people with higher incomes instead will have to pay 2.5% of their income, which could make their penalty quite a bit heftier. What is the penalty for not having health insurance

Categories Health Tags 2019 taxes, exemption, extra subsidies, health insurance, healthcare

How Much Is The Health Care Tax Penalty For 2017?

January 24, 2024 by James Park

How Much Is The Health Care Tax Penalty For 2017? Household Size Annual Income as a Percentage of the Federal Poverty Level (FPL) 2016 Yearly Penalty– Minimum: $695 per adult, $347.50 per child 2.5% = $134.27You pay = Minimum $695 2017 Yearly Penalty- Minimum: $695 per adult, $347.50 per child2.5% = $134.27You pay = Minimum

Categories Health Tags exemption, health coverage, health insurance, healthcare, tax forms
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