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IRS: Uninsured face fine of nearly $2,500
The Hill ^

Posted on 07/24/2014 6:10:35 PM PDT by TigerClaws

The Internal Revenue Service said Thursday individuals who fail to get health insurance this year will be fined a maximum of $2,448 and families with five or more members can be fined up to $12,240.

Under the Affordable Care Act’s individual mandate, people are either required to obtain health insurance or risk a tax penalty from the IRS

Read more: http://thehill.com/policy/healthcare/213308-uninsured-could-be-fined-almost-2500#ixzz38REt1dEt Follow us: @thehill on Twitter | TheHill on Facebook

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: irs; obamacare
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1 posted on 07/24/2014 6:10:35 PM PDT by TigerClaws
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To: TigerClaws

Taxation without representation.


2 posted on 07/24/2014 6:11:40 PM PDT by Olog-hai
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To: TigerClaws

Don’t worry, just tell them that your hard disk drive crashed and you will get around to it eventually.


3 posted on 07/24/2014 6:11:47 PM PDT by RetiredTexasVet (Stupid has consequences ... in healthcare it can be a fatal consequence!)
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To: TigerClaws

They’ll postpone it. That was their intent when they created the law, to be able to change it at will.


4 posted on 07/24/2014 6:12:04 PM PDT by Jeff Chandler (Conservatism is the political disposition of grown-ups.)
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To: TigerClaws

Squeezing money out of the poor and desperate. It’s a sound strategy — the poor and desperate will go running to the polls to vote for Democrats so that they can get more “free stuff”.

One of these days they will realize why they are so poor and desperate — but so far that day has not come.


5 posted on 07/24/2014 6:12:46 PM PDT by ClearCase_guy ("Harvey Dent, can we trust him?" http://www.youtube.com/watch?v=HBsdV--kLoQ)
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To: TigerClaws

good luck with that


6 posted on 07/24/2014 6:13:57 PM PDT by yldstrk ( My heroes have always been cowboys)
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To: ClearCase_guy

The law states that the only way the IRS can collect fines is to seize income tax refunds. If you play your cards right and end up not having a refund or owing a small amount, there is nothing the IRS can do.


7 posted on 07/24/2014 6:19:38 PM PDT by Blood of Tyrants (The cure has become worse than the disease. Support an end to the WOD now.)
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To: TigerClaws

What happens if you can’t afford it? I’d rather have a cookie.


8 posted on 07/24/2014 6:19:55 PM PDT by Dallas59
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To: TigerClaws

Take it out of their EBT accounts. We are at war with obesity anyhoo.


9 posted on 07/24/2014 6:20:47 PM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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To: TigerClaws
individuals who fail to get health insurance this year will be fined

isn't this the part of the ACA that Judge Roberts called a tax?

10 posted on 07/24/2014 6:21:37 PM PDT by drypowder
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To: TigerClaws

This should wake up many people.


11 posted on 07/24/2014 6:22:57 PM PDT by Linda Frances (Woe to those who call evil good and good evil, who put darkness for light and light for darkness.)
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To: Blood of Tyrants

” If you play your cards right and end up not having a refund or owing a small amount, there is nothing the IRS can do.”

Uh,,,,, I wouldn’t count on that! They’ll find a way to fine you, and the late penalties are huge!


12 posted on 07/24/2014 6:23:05 PM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: Olog-hai

“Taxation without representation.”

Not according to Chief Justice Roberts.


13 posted on 07/24/2014 6:23:49 PM PDT by Soul of the South (Yesterday is gone. Today will be what we make of it.)
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To: TigerClaws

meanwhile illegal aliens get $250-1000 a day spent on them


14 posted on 07/24/2014 6:26:03 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: TigerClaws

Suppose nobody pays it?


15 posted on 07/24/2014 6:28:18 PM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: TigerClaws

You can’t squeeze blood out of an unemployed rock.


16 posted on 07/24/2014 6:31:20 PM PDT by wetgundog (" Extremism in the Defense of Liberty is no Vice")
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To: Olog-hai

Nailed it!


17 posted on 07/24/2014 6:32:19 PM PDT by upchuck (It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care.)
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To: TigerClaws

Yeh good luck with that. The House is taking the enforcement away from the IRS. All they can do is take it out of your tax refund. If you don’t have a refund they are screwed.


18 posted on 07/24/2014 6:34:15 PM PDT by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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To: drypowder

Since Roberts decided it was a tax, will we be able to deduct the cost of insurance on our tax returns?


19 posted on 07/24/2014 6:38:07 PM PDT by WhyisaTexasgirlinPA
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To: Georgia Girl 2

Apparently they have the ability to change the law at their whim.


20 posted on 07/24/2014 6:41:19 PM PDT by Eagles6 (Valley Forge Redux. If not now, when? If not here, where?)
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