Health coverage exemption

[KWF]

A low income taxpayer did not have health insurance during 2015.

In an effort to determine whether t/p meets the >8.05% of household income (unaffordable) exemption, how can tax preparer determine lowest cost bronze plan amount?

[TaxGuyBill]

If they did not have access to insurance through an employer, fill out the worksheet on page 11 of the instructions, then page 10.

https://www.irs.gov/pub/irs-pdf/i8965.pdf#page=11

Look up tool:

https://www.healthcare.gov/tax-tool/

Possible calculator to use:

http://intuitptg.com/ACAinteractivecalculatorslacerte2015/ACAinteractive.htm