Flyboyjohn Posted September 26, 2014 Posted September 26, 2014 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
Flyboyjohn Posted September 26, 2014 Author Posted September 26, 2014 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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