All taxpayers are required to have minimum essential health coverage in order to avoid the individual shared responsbility tax.

Question

Quizplus · Accepted Answer

As of 2019, the Tax Cuts and Jobs Act of 2017 reduced the individual shared responsibility payment to $0, effectively eliminating the federal penalty for not having health insurance. However, some states may have their own health insurance mandates.

All Taxpayers Are Required to Have Minimum Essential Health Coverage