Which of the following taxpayers will require a payment for the individual shared responsibility?
a. Jim’s income was only $2,000 for the year, his employer did not provide health insurance, and the premiums for the cheapest plan on the exchange were $125 per month which he could not afford and thus did not purchase insurance.
b. Peg changed jobs during the year and was without coverage for 2 months.
c. Alice filed Form 8965 due to a hardship exemption.
d. Bill, a self-employed architect, had a physical in January and was found to be in good health so he canceled his health insurance policy starting in February. His income for the year was about $110,000.
e. All but c will be required to pay an individual shared responsibility amount.