I am a US citizen and taxpayer currently residing outside of the United States. This year, I will be require to live and work in Los Angeles from October 2015 – March 2016, and due to the terms of my contract, will not be provided healthcare during this period through my employer (The University of California Los Angeles).
I have three questions:
(1) Is it possible for me to apply for Obamacare for coverage ONLY during my time in the U.S.?
(2) If I arrange alternate insurance coverage only for the time that I am physically in the United States, will I incur a penalty when filing my 2015 return?
(3) What is the recommended way for me to ensure that I am covered during my stay and to avoid the tax penalty?
Thanks in advance for your reply.