James did not have minimum essential coverage for any part of 2016. If James is single and

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James did not have minimum essential coverage for any part of 2016. If James is single and has 2016 adjusted gross income of $40,950, what is his individual shared responsibility payment?

a. $0
b. $695
c. $765
d. $754

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Income Tax Fundamentals 2017

ISBN: 9781305872738

35th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

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Question Posted: Aug 26, 2023 05:33 AM

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James did not have minimum essential coverage for any part of 2016. If James is single and

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For the tax year 2016 the individual shared responsibility payment also known as the penalty for not ...View the full answer

Income Tax Fundamentals 2017

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