You will more than likely read story after story about the millions of people that they believe will be paying the Obamacare Penalty. Tax time is not going to be any fun this year. You may have liked tax time before because you were getting a refund, this time you may be paying money back.
The talk about people paying the penalty is real. However, we are going to help. There are numerous waivers and exemptions that exist that can be used to aid people in avoiding the penalty.
Life situations happen and people may be unaware that they can claim those as hardship exemptions. Let us give you an example of some of those hardship waivers:
Were evicted in the past 6 months or were facing eviction or foreclosure
Received a shut-off notice from a utility company
Recently experienced domestic violence
Recently experienced the death of a close family member
Experienced a fire, flood, or other natural or human-caused disaster that caused substantial damage to your property
Filed for bankruptcy in the last 6 months
Had medical expenses you couldn’t pay in the last 24 months that resulted in substantial debt
Those are not the only ones. Go to www.healthcare.gov/exemptions .
Everyone doesn’t know about the exemptions for several reasons from the news having so much information about Obamacare they don’t know what is real and what is not. Furthermore, people have became so frustrated early on with what this meant for them when it came to health insurance, they basically don’t even want to face what could affect their finances and health.
For the ones reading this that want to get all the information on Obamacare, Dr. Wagner has developed an online course: Crash Course: Discover How Obamacare Works. You can take this course at your leisure and will receive free lifetime updates. This course is continuously updated with to remain current with the weekly changes to Obamacare.
Don’t wait until the last minute to find out about the exemptions. From our research, the waivers and exemptions are still in place for 2015.