Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $21,998
27%  
Woo hoo!! And we're now over 27%!! Thank you all very much!! God bless.

Keyword: federalfines

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  • IRS: Parents Must Pay Federal Fine for Uninsured Kids

    01/31/2013 7:11:08 PM PST · by Olog-hai · 74 replies
    Cybercast News Service ^ | January 31, 2013 | Matt Cover
    In new, final regulations issued Wednesday, the Internal Revenue Service (IRS) said that parents must pay a federal fine under Obamacare if their children or dependent spouses are uninsured for any part of the year. The regulations clarify provisions of Obamacare that seem to say that a parent will be held liable for Obamacare’s individual mandate penalty if they don’t have insurance coverage for their children. In its final regulations, the IRS states that parents will be made to pay the penalty if they can claim an uninsured child or spouse as a dependent, regardless of whether they actually claim...