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Turbo Tax Health Insurance Penalty Help


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Posted

Turbo Tax lo file chestunte, it asked about health insurence,

 

Last year my employer provided me insurence only for december.

 

now Turbo Tax is asking me to pay the penality,...

 

 

is it worth to pay the penality or going further emanna issues vasthayaaaa

Posted

lat year nunchi it is mandatory to have Health insurance..else u end up paying penalty..

 

 

Posted

nuvvu chaala ekkuva alochisthunnav. nenu kooda TURBO TAX dwara ne file chesa ee year. nannu alage adigindi aithey akkada oka option untundi

 

1. neeku insurance eppudu ledu ani select all months

 

2. taravata reason aduguthundi then select employer offered you a very expensive insurance ani untundi adi select cheyyi. 

 

3. Then you will be waived off from paying penalty. same happened to me. I didn't have health insurance in 2015.

 

4. No issues go ahead.

Posted

nuvvu chaala ekkuva alochisthunnav. nenu kooda TURBO TAX dwara ne file chesa ee year. nannu alage adigindi aithey 

 

akkada oka option untundi neeku insurance eppudu ledu ani select all months taravata reason aduguthundi then select employer offered you a very expensive insurance ani untundi adi select cheyyi. 

 

Then you will be waived off from paying penalty. same happened to me. I didn't have health insurance in 2015. No issues go ahead.

 

then u need to submit the proof that u had other insurance..

 

adi lekapote malli fine padtadi....

Posted

then u need to submit the proof that u had other insurance..

 

adi lekapote malli fine padtadi....

 

It didn't ask me anything bcoz I selected "employer offered me a very expensive insurance, " thats the reason why I didn't enroll. 

Posted

It didn't ask me anything bcoz I selected "employer offered me a very expensive insurance, " thats the reason why I didn't enroll. 

 

wait for 2018 June-December period.

Posted

wait for 2018 June-December period.

Why only  2018 June-December period.?

Posted

Why only  2018 June-December period.?

 

penalty and fine audits usually go out after 3 years.

 

anduke desi CPA gallu e trick vadesi..meeku audit padite chuskuntam 2 yrs varaku antar..

 

3rd year lo vastai ani mana yedavalaki telvad kabatti...

 

3rd yr lo audit padite chetulettestad. inluke Turbotax and Taxacts.

Posted

penalty and fine audits usually go out after 3 years.

 

anduke desi CPA gallu e trick vadesi..meeku audit padite chuskuntam 2 yrs varaku antar..

 

3rd year lo vastai ani mana yedavalaki telvad kabatti...

 

3rd yr lo audit padite chetulettestad. inluke Turbotax and Taxacts.

S%Hi

Posted

penalty and fine audits usually go out after 3 years.

 

anduke desi CPA gallu e trick vadesi..meeku audit padite chuskuntam 2 yrs varaku antar..

 

3rd year lo vastai ani mana yedavalaki telvad kabatti...

 

3rd yr lo audit padite chetulettestad. inluke Turbotax and Taxacts.

100% sure ga padutunda ..or only lucky people key na

Posted

100% sure ga padutunda ..or only lucky people key na

go ask IRS man

Posted

go ask IRS man

nenu chittinaidu ni quote cheysa..why middle middle coming..

Posted

nuvvu chaala ekkuva alochisthunnav. nenu kooda TURBO TAX dwara ne file chesa ee year. nannu alage adigindi aithey akkada oka option untundi

1. neeku insurance eppudu ledu ani select all months

2. taravata reason aduguthundi then select employer offered you a very expensive insurance ani untundi adi select cheyyi.

3. Then you will be waived off from paying penalty. same happened to me. I didn't have health insurance in 2015.

4. No issues go ahead.



Get ready for the audit. Form 1095-C ani untundi, oka vela employer ni insurance pay chesthe aa form submit cheyyali tax returns file chese appudu.
Posted

nenu chittinaidu ni quote cheysa..why middle middle coming..

nenante man..adoo typeuu
Posted

nenu chittinaidu ni quote cheysa..why middle middle coming..


Neenu kuda middle middle coming but matter vachesi audit sure ga padutundi, vallu 1095-C pampamantaru adi lekapothe penalty and fine rendu kalipi kattali....
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