2900 Weslayan St
Houston, TX 77027
3540 S I-10 Service Rd W
Metairie, LA 70001
If you answer yes to any of these questions, you are exempt. That means you don’t have to buy health insurance and you won’t have to pay a penalty either.
Do you make so little money that you don’t have to file taxes?
For 2013, if you earn less than $10,000 you don’t have to file a tax return. For a family you don’t have to file a tax return if you made less than $20,000.
Do you get help paying for your health care from one of these?
If you are one of the below, you do not have to pay for health insurance.
Will you have to pay more than 8% of your income for health insurance?
If you are a single adult whose employer does not offer insurance and who cannot find a health plan from their state’s Exchange, with a monthly premium amount that is less than 8% of your total monthly earnings, you are exempt. That means you do not have to buy insurance or pay a penalty. This does not apply to family incomes.
To figure this out, look at your pay stub for the last month—a few months if the amount you
get varies. Multiply that total by 0.08%. That is 8% of your income.
Posted October 31, 2013 by Susan D. Krohn