Will I be penalized if I don't have health insurance?


Most Americans will no longer owe a tax penalty for going without health insurance.



Prior to 2019, if you didn't have health insurance and didn't qualify for an exemption, you would owe a penalty when you filed your federal tax return. For now, at least, that penalty has gone away. You must still report your coverage status on your federal tax return, but you won't have to pay a penalty if you aren't covered.

For more health insurance basics, see What South Carolina Residents Need to Know About Obamacare.

Jurisdictional relevance: ST

There are versions of this article for each State.


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