Wednesday, March 4, 2015

Did you pay a tax penalty for not having Healthcare in 2014?

If you have just learned what the “cost” was for not having health insurance in 2014, there is still time to help lower the cost of the penalty you might pay in 2015! This year, you will pay $325 per person, or 2% of household income, whichever is higher, for not having health insurance. You may be eligible for a special enrollment period coming up during tax time, to sign up for coverage for the remainder of 2015. This special enrollment period begins March 15, 2015 and runs through April 30, 2015. Take a minute to contact Jan Shaffer so that you won’t have to pay the full penalty on your 2015 tax return! Call Jan at 989-799-8808, or email her at j.shaffer@futureins.com.