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13 Dec 2019
Which of thes is incorrect regarding the ACA individual Shared Responsibility penalty for 2018?
a. To calculate the payment you would calculate 2.5% of the household income
b. To calculate the payment, you would need toi add together $695 per tax family member ($37.50 per child under age 18) without coverage.
c. When adding the numbers for family members without coverage, you would not calculate more that $2,085
d. Beginning in 2018, taxpayers will no longer be required to pay a penalty for failure to obtain health insurance
Which of thes is incorrect regarding the ACA individual Shared Responsibility penalty for 2018?
a. To calculate the payment you would calculate 2.5% of the household income
b. To calculate the payment, you would need toi add together $695 per tax family member ($37.50 per child under age 18) without coverage.
c. When adding the numbers for family members without coverage, you would not calculate more that $2,085
d. Beginning in 2018, taxpayers will no longer be required to pay a penalty for failure to obtain health insurance
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