For the 2018 tax year, the penalty remains if you do not have minimum health care coverage for the entire year. The mandate will be eliminated beginning tax year 2019. The penalty remains the same for 2018 as it was for 2017 for no insurance coverage or qualifying exemption; the greater of: $695 per adult or 2.5% of household income.
Taxpayers must report minimum required health insurance coverage, qualify for an exemption or pay the individual shared responsibility payments for the 2018 tax year.
If you did not have coverage and qualify for an exemption, you may claim the exemption in the tax year you qualify for the exemption to avoid the penalty. After the mandate expires, you will not be able to go back and claim a refund because the mandate expired.
Beginning with tax year 2019, the penalty will be $0 per adult or 0% of household income.
