How Much is the Fine if I Don’t Get Covered?

If you don't get coverage or an exemption, you'll pay an increasing amount each year, based on your annual income, for each month you go without coverage. You'll also owe the fee for each person you claim as a dependent.

2014 = $95 per adult and $47.50 per child per year (family max $285) | or 1% of your household income that is above the tax return filing threshold for your filing status (whichever is greater)

2015 = $325 per person and $162.50 per child per year (family max $975) | or 2% of your household income that is above the tax return filing threshold for your filing status (whichever is greater)

2016 = $695 per person and $347.50 per child per year (family max $2,085) | or 2.5% of your household income that is above the tax return filing threshold for your filing status (whichever is greater)

2017 = Tax Penalty will increase by the rate of inflation going forward | or 2.5% of your household income that is above the tax return filing threshold for your filing status (whichever is greater)

The minimum you'll pay is 1/12 of the per person amount per month. If you are low income you'll owe the family max at most. If your income is higher the total amount you can pay is capped at the national average of a bronze health insurance plan.

Fees are paid on your 1040 on line 61 using the Individual Responsibility Worksheet from exemptions form 8965.

See individual mandate for more details on the ObamaCare fine.

Learn more about exemptions, including exemptions due to affordability.