The federal tax penalty was eliminated effective Jan. 1, 2019. That means you won’t have to pay a federal tax penalty if you fail to enroll in minimum essential coverage for major medical insurance. Several states, including California, the District of Columbia, Massachusetts, New Jersey, and Rhode Island, have implemented individual mandates that impose state tax penalties on residents who do not have health insurance.
The federal tax penalty was eliminated effective Jan. 1, 2019. That means you won’t have to pay a federal tax penalty if you fail to enroll in minimum essential coverage for major medical insurance. Several states, including California, the District of Columbia, Massachusetts, New Jersey, and Rhode Island, have implemented individual mandates that impose state tax penalties on residents who do not have health insurance.