Taxpayers without minimum essential coverage for part of the year that are not eligible for an exemption

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Taxpayers without minimum essential coverage for part of the year that are not eligible for an exemption must

a. Purchase double health insurance for the following tax year.

b. Buy a catastrophic insurance policy for their children until they reach age 18. 

c. Determine their shared responsibility payment. 

d. Attach a copy of Form 1095-A to their tax return to show they did not have coverage

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Related Book For  answer-question

Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

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