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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Income Tax Fundamentals 2017

ISBN: 9781305872738

35th Edition

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

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