caj111
Level 4
03-28-2020
11:11 PM
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On the New Jersey personal tax form NJ-HCC, I have clients who had coverage for the first six months of the year, then couldn't afford it anymore, as it was un-affordable, costing more than 8.05% of their income. I tried entering "A-1" on the exemption code for the coverage being considered un-affordable and nothing happened, the penalty for not having health insurance won't go away. I tried entering other codes, just to see what would happen, i.e. religious exemption code but nothing changed. Any idea how to make this penalty by entering exemption?
Thanks in advance.
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