Individual Mandate (the tax for not purchasing insurance if you - TopicsExpress

Individual Mandate (the tax for not purchasing insurance if you can afford it) 2014 Starting in 2014, anyone not buying qualifying health insurance must pay an income tax surtax at a rate of 1% or $95 in 2014 to 2.5% in 2016 on profitable income above the tax threshold. The total penalty amount cannot exceed the national average of the annual premiums of a bronze level health insurance plan on ObamaCare exchanges.

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