ILLMAS Posted March 10, 2015 Report Posted March 10, 2015 Ah the youth of today, how do they survive in this world with a limited vocabulary? TP's 21yr old dependent responses to my questions: TP said you had health insurance on your own? ahuh Did you get the insurance through the marketplace? I don't know How much did you pay out of your pocket? I don't know Are you sure you had health insurance because it doesn't seem you did? nah, I did. 5 Quote
FreedomTaxed Posted March 11, 2015 Report Posted March 11, 2015 It's not a limited vocabulary, it's called "waffling". That's why we perform due diligence. Without evidence of health insurance or otherwise coverage, you're supposed to ding them on Line 61 for the shared-responsibility tax. Next year it will be even clearer: "Sir, produce your 1095-A or my tax software will ding you for $395 or 2% of your MAGI, whichever is more. Have a good day." 1 Quote
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