How much would the Obamacare penalty cost me?

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PostPosted: Fri Jan 24, 2014 10:03 am   Post subject: How much would the Obamacare penalty cost me?  

I'm just 23 and have no access to any health care policy. If I don't get one now, how much penalty would I be required to pay to the government?


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Rebz
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PostPosted: Fri Jan 24, 2014 1:20 pm   Post subject:   

Use the search feature, this has already been answered.



($95 for a single person payable from any tax refund)



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PostPosted: Fri Feb 07, 2014 7:47 pm   Post subject:   

$95 is only the minimum. The maximum is 1% of your adjusted gross income. $100,000 = $1,000. $25,000 = $250. $10,000 = $100. $7,500 = $95.



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PostPosted: Fri Feb 07, 2014 7:57 pm   Post subject:   

Yup... should really mention the 1% as this is most likely going to be greater then the $95 minimum.


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