Wanda and Austin are under the age of 65 and file their tax return as married filing

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Wanda and Austin are under the age of 65 and file their tax return as married filing jointly. They had qualifying health coverage for three months during 2018. They were not eligible for an exemption. Their household income was $81,760. What is the amount of shared responsibility payment they must report on their 2018 income tax return?

a. $2,044

b. $1,444

c. $1,390

d. $1,083

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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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