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Posted

I know that the maximum dollar penalty on any size tax housegold for not having MEC for all months in 2014 is $295 (3 x $95)

I also know that the cap on the 1% of excess income side of the penalty calculation is the national average Bronze premium.

I know I saw it somewhere but now can't find what that maximum is.

Thanks

Posted

Correcting the $295 in my original post to $285

Found the answer I was looking for in the Form 8965 instructions: $204/month, $2,448/year cap on the % of excess income penalty calculation

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