Q. Wich statement accurately describes the ACA Individual SharedResponsability penalty for 2016?
a) It is the greater of either: 2.5% of household income lessthe taxpayer´s filing threshold or $695 per individual familymember ($347.50 per child under age 18) without coverage up to$2,085. Capped overall by the national average bronze premium.
b) It is the greater of either: 2% of household income less thetaxpayer´s filing threshold or $325 per individual family member($162.50 per child under age 18) without coverage up to $975.Capped overall by the national average bronze premium.
c) It is the lesser of either: 2.5% of household income less thetaxpayer´s filing threshold or $695 per individual family member($347.50 per child under age 18) without coverage up to $2,085.Capped overall by the national average bronze premium.
d) It is the lesser of either: 2% of household income less thetaxpayer´s filing threshold or $325 per individual family member($162.50 per child under age 18) without coverage up to $975.Capped overall by the national average bronze premium.
Q. Wich statement accurately describes the ACA Individual SharedResponsability penalty for 2016?
a) It is the greater of either: 2.5% of household income lessthe taxpayer´s filing threshold or $695 per individual familymember ($347.50 per child under age 18) without coverage up to$2,085. Capped overall by the national average bronze premium.
b) It is the greater of either: 2% of household income less thetaxpayer´s filing threshold or $325 per individual family member($162.50 per child under age 18) without coverage up to $975.Capped overall by the national average bronze premium.
c) It is the lesser of either: 2.5% of household income less thetaxpayer´s filing threshold or $695 per individual family member($347.50 per child under age 18) without coverage up to $2,085.Capped overall by the national average bronze premium.
d) It is the lesser of either: 2% of household income less thetaxpayer´s filing threshold or $325 per individual family member($162.50 per child under age 18) without coverage up to $975.Capped overall by the national average bronze premium.
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