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Help! Required Contribution = $0


unzuetay

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I have a return that I figured the Marketplace Coverage Worksheet for and then after putting the Bronze and SLCSP amounts, Line 12 in the worksheet says that their required contribution for is $0  does this mean that they do not owe a penalty and are exempt?  Or do I need to fill out the Shared Responsibility Payment worksheet?

 

Any help would be very much appreciated, thank you :)

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If they did not have coverage for the year, they will owe the penalty unless there is another exemption for them.  I had one exactly like that.  They can't qualify for the affordability exemption because their cost is $0 and 8% of their income is always greater than $0.

 

Tom

Newark, CA

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