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Thursday, April 3, 2014

14 Ways To Avoid The Obamacare Tax (Actually 15 If You Include 'Brief Incarceration')


Is this clinical paranoia?
Or something worse?

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There are 14 ways, in all, to avoid paying the Obamacare tax penalty. This fee hits people who don’t carry health insurance that conforms to the government regulations.
Based on the latest revision to the Obamacare regulations, people can avail themselves of these different off ramps all the way through 2016.
Many of the circumstances that qualify someone for an exemption are very specific hardships. However, at least one of these reasons (#14) seems purposely vague enough to capture a broad range of conceivable reasons for being exempt from the tax.
Here are the 14 “hardship exemptions” that HHS says releases you from the Obamacare tax penalty, and the documentation you’ll need to prove that you qualify for each of these waivers.
One criteria is missing. You can avoid the tax by being incarcerated for one day each month, according to Allison Bell. And pay close heed to catchall criteria #14 – “You experienced another hardship in obtaining health insurance”. As for the documentation that HHS says is required to claim this hardship , it merely notes: “Please submit documentation if possible.”
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