Caprice is a single 42-year-old with income of $14,000 in 2018. She lacked minimum essential coverage for 7 months in 2018. What is her individual shared responsibility payment amount? a. $0 b. $405.44 c. $695.00 d. $50.00 e. None of the above

Caprice is a single 42-year-old with income of $14,000 in 2018. She lacked minimum essential coverage for 7 months in 2018. What is her individual shared responsibility payment amount? a. $0 b. $405.44 c. $695.00 d. $50.00 e. None of the above

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter1: The Individual Income Tax Return

Section: Chapter Questions

Problem 4P: In 2019, Lou has a salary of $53,300 from her job. She also has interest income of $1,600 and...

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Question

Caprice is a single 42-year-old with income of $14,000 in 2018. She lacked minimum essential coverage for 7
months in 2018. What is her individual shared responsibility payment amount?
a. $0
b. $405.44
c. $695.00
d. $50.00
e. None of the above

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