There is a Tax Penalty for Not Having Health Insurance?

Obama Care’s individual mandate requires that most Americans obtain health insurance by 2014 or pay a tax penalty. The individual mandate went into effect January 1st, 2014. The penalty will be applied to your year-end federal modified adjusted gross income for each month you don’t have health insurance or an exemption. To avoid the penalty you needed coverage that started by May […]

There is a Tax Penalty for Not Having Health Insurance? Read More »