WASHINGTON — Many people who went without health insurance last year are seeing fines more than double under President Barack Obama’s health care law, tax preparation company H&R Block said Tuesday.
The minimum fine went up from $95
in 2014 to $325 for the 2015 tax year. It rises again this year to $695
for an adult uninsured for a full 12 months.
H&R Block said that means an
uninsured family of four earning $60,000 will face a penalty of $975 for
this year, compared with about $400 for 2015.
Entire story at
http://www.pressofatlanticcity.com/business/uninsured-facing-double-fine-on-tax-returns/article_07f34088-e556-11e5-97c8-1fdd3f3dab65.html
Entire story at
http://www.pressofatlanticcity.com/business/uninsured-facing-double-fine-on-tax-returns/article_07f34088-e556-11e5-97c8-1fdd3f3dab65.html
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