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Where do we enter for proof of health insurance all year for 2020 that is not part of the Market Place? What is the IRS Penalty Individual Shared Responsibility Penalty?

shawndalb
Level 2
 
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sjrcpa
Level 15
12 Comments 12
abctax55
Level 15

The FEDERAL requirement went away 1/1/19....

"Tax software is no substitute for a professional tax preparer"
shawndalb
Level 2

Sorry, I didn't state that this was for the California side, not Federal.

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sjrcpa
Level 15
shawndalb
Level 2

Thank you!!

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abctax55
Level 15

You *did* put IRS in the OP.  Sorry, my mind reading classes were all cancelled due to COVID constraints.  Altho when you think about it, why would you need to physically 'meet' for a mind reading class ?  Inquiring minds are wondering 😆

"Tax software is no substitute for a professional tax preparer"
shawndalb
Level 2

I did, mistakenly. It is actually ISR Penalty. I may have Covid Dislexia 🙂

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abctax55
Level 15

Shouldn't that be *Dilsexia* 🤣

"Tax software is no substitute for a professional tax preparer"
George4Tacks
Level 15
ISR?

Here's wishing you many Happy Returns
shawndalb
Level 2

Penalty for not having insurance all year for California starting 2020

 

https://www.coveredca.com/learning-center/tax-penalty-details-and-exemptions/penalty/

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shawndalb
Level 2

True, thankfully that time I relied on spell check 😉

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abctax55
Level 15

I = Individual ?

S= Shared ?

R= Responsibility ?

"Tax software is no substitute for a professional tax preparer"
Mitch
Level 1

The box has moved again, it is on screen 39.3 at the very top.