How much would the Obamacare penalty cost me?

by Guest » Fri Jan 24, 2014 10:03 am
Guest

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?

Total Comments: 3

Posted: Fri Jan 24, 2014 01:20 pm Post Subject:

Use the search feature, this has already been answered.

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

Posted: Fri Feb 07, 2014 07:47 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.

Posted: Fri Feb 07, 2014 07:57 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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