3/19/2014 @ 3:50PM - Forbes
14 Ways To Avoid The Obamacare Tax
There are 14 ways, in all, to avoid paying the Obamacare tax penalty. This
fee hits people who donft carry health insurance that conforms to the
government regulations.
Based on the latest revision to the Obamacare regulations, people can avail
themselves of these different off ramps all the way through 2016.
Many of the circumstances that qualify someone for an exemption are very
specific hardships. However, at least one of these reasons (#14) seems purposely
vague enough to capture a broad range of conceivable reasons for being exempt
from the tax.
Here are the 14 ghardship exemptionsh that HHS says releases you from the
Obamacare tax penalty, and the documentation youfll need to prove that you
qualify for each of these waivers.
One criteria is missing. You can avoid the tax by being incarcerated for one
day each month, according to Allison
Bell. And pay close heed to catchall criteria #14 – gYou experienced
another hardship in obtaining health insuranceh. As for the documentation that
HHS says is required to claim this hardship , it merely notes: gPlease submit
documentation if possible.h