Benito is age 29 and single. During all of 2018, he did not have qualifying health coverage

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Benito is age 29 and single. During all of 2018, he did not have qualifying health coverage nor was he eligible for an exemption. His household income was $47,650. What is the amount of shared responsibility payment he must report on his 2018 income tax return?

a. $0

b. $695.00

c. $891.25

d. $1,191.25

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Fundamentals Of Taxation 2019

ISBN: 9781260158670

12th Edition

Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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