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Level 1
February 5, 2020
Question

Issue with NJ-HCC form, exemption code is not accepted.

  • February 5, 2020
  • 9 replies
  • 31 views
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9 replies

Intuit Community Champion
February 7, 2020

@IntuitAustin  This is a new NJ requirement this year and new Intuit form/worksheet. Apparently, not quite ready for release. Could you please follow-up with development and advise if and when it will be corrected/completed.   (FYI.... this is one that i'd post on the bug blog we discussed).

 

@poletaev  is correct. The NJ-HCC form is either not accepting the exemption code or not calculating correctly or both.

If you mark Part I  'part year insurance'  you are required  to complete Part 2 for each TP or dependent. There is a shared responsibility payment calculated for each month a taxpayer/dependent did not have health coverage.  Entering the appropriate State exemption code for a taxpayer should cause the NOT to  assess a shared responsibility for that person.

Example:  If you show that a taxpayer only has health coverage March -December the 'X's for Jan and Feb would not be entered. The program will assess the shared responsibility for Jan and Feb.  

Entering the State exemption code of "B-1" on the Exemption code line should cause the program NOT to assess the shared responsibility calculation for that individual. It does not. The form that is being generated appears incorrect.

 

 

If at first you don’t succeed…..find a workaround
IntuitAustin
Level 10
February 8, 2020

@Skylane I'm checking in on this with support. 

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Level 3
February 9, 2020

I have a 2 part problem on the NJ tax return in 2019.  The husband did not have health insurance but qualifies for the not affordable exemption and the wife did have insurance.  So my first issue is showing one person being insured and the other is not.  My second issue is the same as others have stated where the exemption code is not being accepted and it is showing a penalty for both of them.