Health Insurance and Your Taxes: What to Know

March 2, 2015 3:16 PM

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Filing taxes is going to be different this year for many of us. For the first time, Americans are required to pay a tax penalty if they didn’t have health insurance. Well – some are.

According to tax preparation giant TurboTax, about half of the 40 million Americans who went without insurance in 2014 will qualify for an exemption from the penalty. Whether they claim that exemption, however, is another story. Here’s what to know about your health insurance this tax season – no ma...

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