help me Koccham - Tax Filing 1095 A

[budamkayabalraj]

evarina E situation lo unnara.

 

Health insurance employer deggara kakunda private gaa teeskunna.Last year lo insurance konni months ki matrame teeskunna. June lo job ipoindhi.

 

june - july india ki poina. ee gap lo insurance cancel ipoindhi. vacchaka chala late ga realize ayya. Malli dec lo inko insurance teeskunna. so jan to june varake covered. rest of the months not covered.

 

ilanti situation ela deal cheyyali.

 

 

PLZ HELP bye1

[MunnaRockz]

LTT

[vasu123]

1095 form evaru istaru and andariki anni states lo vastunda?

Employer group plan lo ppo lo enroll ayithe vastunda. Nakithe em raledu.

[Diras]

Penality 2k

[vasu123]

Penality 2k

 

what. naku ee form 1095 raledu mari but i had health insurance throughout the year 2015. nadi employer group plan. is this form for only few states or everybody get it?

[budamkayabalraj]

Penality 2k

 

:3D_Smiles:  2k na. ela cheptunnav man 2k ani
 

[katich91]

:3D_Smiles:  2k na. ela cheptunnav man 2k ani
 

Bayya, Read this. This might be helpful. https://www.healthcare.gov/fees/fee-for-not-being-covered/

[Spartan]

year mottam lo lekapote this is penalty...but not sure for partial year...chudali

 

 

The fee for not having coverage in 2015

The penalty for 2015 is the higher of these:

• 2% of household income
• Maximum: Total yearly premium for the national average price of a Bronze plan sold through the Marketplace

OR

• $325 per adult
• $162.50 per child under 18
• Maximum: $975

[Spartan]

Partial coverage info...

 

 

https://www.irs.gov/Affordable-Care-Act/The-Individual-Shared-Responsibility-Payment-An-Overview

 

However, if you went without coverage for less than three consecutive months during the year you may qualify for the short coverage gap exemption and will not have to make a payment for those months. If you have more than one short coverage gap during a year, the short coverage gap exemption only applies to the first.

[meranaam]

Partial coverage info...

 

 

https://www.irs.gov/Affordable-Care-Act/The-Individual-Shared-Responsibility-Payment-An-Overview

 

However, if you went without coverage for less than three consecutive months during the year you may qualify for the short coverage gap exemption and will not have to make a payment for those months. If you have more than one short coverage gap during a year, the short coverage gap exemption only applies to the first.

 

bhayya...FT job lo employer plan lo reigster ayi untamu kada...still tax filling appudu manamu emana doc submit cheyali aa to IRS?

[katich91]

One more thing, if you are in USA for less than 5 years and in OPT or CPT, No need to pay fine. I am not sure, but one of the tax filing guy said.

[budamkayabalraj]

Partial coverage info...

 

 

https://www.irs.gov/Affordable-Care-Act/The-Individual-Shared-Responsibility-Payment-An-Overview

 

However, if you went without coverage for less than three consecutive months during the year you may qualify for the short coverage gap exemption and will not have to make a payment for those months. If you have more than one short coverage gap during a year, the short coverage gap exemption only applies to the first.

 

Thanks Chitti

[budamkayabalraj]

 

year mottam lo lekapote this is penalty...but not sure for partial year...chudali

 

 

The fee for not having coverage in 2015

The penalty for 2015 is the higher of these:

• 2% of household income
• Maximum: Total yearly premium for the national average price of a Bronze plan sold through the Marketplace

OR

• $325 per adult
• $162.50 per child under 18
• Maximum: $975

 

325 $ per whole year aa leka per month ? :3D_Smiles: