Health Care does not meet ACA

[S T]

I am so frustrated!

Taxpayer had coverage through Optimum One (Calif) in 2016 and paid $300 per month

Optimum One says they will not issue 1095 form as the plan does not meet the ACA - minimum essential requirements. The Rep was very "rude" when I phoned. End of conversation!

So as a result the Taxpayer/Spouse thought they were doing the right thing and now are"hit" with a penalt of $ 1,390 for tax year 2016.Apparently no one at Optimum One informed them, so buyer beware!

Anything we can do to eliminate the $ 1,390 penalty on the Tax Return
Thanks

Sandy

[Gretel]

Sorry, Sandy, and this is not a direct reply to your tax question. However, your client should file a complaint with the insurance oversight board - I do not know the exact name. This is outrageous unless client is at fault.

[TaxGuyBill]

Unfortunately, I don't think anything in regards to non-qualifying insurance can waive the penalty. You can check if the taxpayer fits any of the exemptions, but otherwise, I think they are stuck with the penalty. Sorry.

https://www.healthcare.gov/health-coverage-exemptions/exemptions-from-the-fee/