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Up to 6 million households could face tax penalties for being uninsured during 2014. The penalty is $95 per adult and $47.50 for a child under age 18. The federal Internal Revenue Service (IRS) and Department of Health and Human Services (HHS) estimate that about 25% of tax filers will have health insurance-related complications to their tax forms. The remaining 75% will be able to simply check a box to affirm that they had qualifying health insurance for all of 2014.

A fact sheet released January 28, 2015, jointly by the IRS and HHS provided additional details about . . .

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Weekly News Wire | February 15, 2015

Up To 6 Million Households Could Face Tax Penalties For Being Uninsured

Up to 6 million households could face tax penalties for being uninsured during 2014. The penalty is $95 per adult and $47.50 for a child under age 18. The federal Internal Revenue Service (IRS) and Department of Health and Human Services (HHS) estimate that about 25% of tax filers will have health insurance-related complications to their tax forms. The remaining 75% will be able to simply check a box to affirm that they had qualifying health insurance for all of 2014.

A fact sheet released January 28, 2015, jointly by the IRS and HHS provided additional details about . . .

Want To Read More? Log In Or Become A Paid Member
Resource Available For Paid OPEN MINDS Circle Members Only
Not a paid member? Don't miss out! Sign up today and receive unlimited organizational access to all OPEN MINDS strategic advice, market intelligence, and management best practices – over 250,000 resources!
Log In
If you are already a paid member, log in to your account to access this resource and more. If you are a free member, you will need to upgrade to a paid membership before accessing this resource.

Become A Paid Member
If you are not yet a paid member, learn more about the OPEN MINDS Circle Market Intelligence Service Membership on our website, reach out to our team at info@openminds.com, or call us at 877-350-6463.

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