If you can afford health insurance but choose not to buy it, you must have a health coverage exemption or pay a fee. (The fee is sometimes called the "penalty," "fine," "individual responsibility payment," or "individual mandate.")
Select the button below. We’ll ask you a few questions and show you all health coverage exemptions that may apply to you.
If you don’t have coverage in 2015, you’ll pay the higher of these two amounts:
If you didn’t have coverage in 2014, you’ll pay the higher of these two amounts:
1% of your yearly household income. (Only the amount of income above the tax filing threshold, about $10,000 for an individual, is used to calculate the penalty.) The maximum penalty is the national average premium for a bronze plan.
$95 per person for the year ($47.50 per child under 18). The maximum penalty per family using this method is $285.
Do you have to pay the fee for not having coverage in 2014? You may still be able to enroll in 2015 coverage if:
You didn't know until after Open Enrollment ended on February 15, 2015 that the health care law required you and your household to have health coverage, or you didn’t understand how the requirement would impact you and your household
You owe the fee for not having coverage in 2014
You aren’t already enrolled in 2015 coverage through the Health Insurance Marketplace
If all of these apply to you, you can enroll in a 2015 plan between March 15 and April 30, 2015. Look for more details soon.
If you don’t have coverage in 2016, you’ll pay the higher of these two amounts:
In future years, the fee is adjusted for inflation.
You’ll pay the fee on the federal income tax return you file for the year you don’t have coverage. Most people will file their 2014 returns in early 2015 and their 2015 returns in early 2016.
Learn more about the individual shared responsibility payment from the Internal Revenue Service.
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If you’re uninsured for just part of the year, 1/12 of the yearly penalty applies to each month you’re uninsured.
If you’re uninsured for no more than 2 months of the year, you don’t have to make a payment.
You’ll pay the penalty when you file the federal income tax return for the year for which you’re seeking coverage. Most people fill out their 2014 tax returns early in 2015 and their 2015 tax returns early in 2016.
The IRS will hold back the amount of the fee from any future tax refunds. There are no liens, levies, or criminal penalties for failing to pay the fee.
Yes. The rules about paying penalties are the same whether the Marketplace is run by your state or the federal government.