Are you informed about this year’s penalties for the individual coverage mandate? Some uninsured citizens may be surprised this tax season.
A recent report revealed that 44% of uninsured Americans were unaware they would face penalties this year.
If you live in Virginia and are facing penalties for your uninsured status, you may qualify to sign up for coverage during the special enrollment period from March 15 to April 30. The special enrollment period is open to those realizing they owe the penalty upon completing their taxes.
For more information on penalties and options for exemption, click here.
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