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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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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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