I lost my job and medical coverage in February 2014. I applied for a new medical coverage before December 15th and it started on Jan 1st 2015. If I do my taxes for this year, will I be affected by Obama Care and pay the fee?
If you had coverage during the year, then lost it and didn't get covered again, you do owe the fee. That being said there are a number of exemptions you can apply for to help lower the fee. Specifically you could qualify for a hardship exemption due to losing your plan. Many exemptions require you to apply at HealthCare.Gov.