Affordable Care Act Uninsured Penalty Calculator...

I used the linked calculator and put in a fake amount of $50,000 for a single adult younger than 65 years .. I am older and very glad I do not have to put up with what is going on with the health care system in America..

Show calculator
Result

$794 penalty

You may be required to pay 2% of your gross income after subtracting $10,300, the threshold amount at which you would be required to file a federal income tax return for 2015. You may qualify for an exemption. For example, if insurance would cost you more than $4,000 per year, you wouldn't have to pay the penalty.

graphics.wsj.com...

I think I now know what the FEMA camps are for. Those that say screw this and don't file at all.

a reply to: 727Sky


This # should apply to those who voted for it.

Idiots.

a reply to: 727Sky

$325 per person for the year ($162.50 per child under 18). The maximum penalty per family using this method is $975.

The fee after 2015

The penalty increases every year. In 2016 it’s 2.5% of income or $695 per person. After that it's adjusted for inflation.

You’ll pay the fee on the federal income tax return you file for the year you don’t have coverage. Most people will file their 2014 returns in early 2015 and their 2015 returns in early 2016.

www.healthcare.gov...

This is really going to hurt folks. No such thing as freedom of choice if you don't have one.

a reply to: 727Sky

The people that voted for this are sick in the head.
Alex Jones was right,the biggest screw job ever.
1)What happens if you are unemployed with no income when you do your taxes and have no health Insurance?
2)Also what happens if you had insurance for 9 and a half months of 2014 ending in September?

I have a feeling when the people do their taxes,hell will come down.