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Level 2
December 10, 2020
Solved

CA ISR Penalty: Where do we enter information stating the taxpayer had health insurance thus eliminating the penalty?

  • December 10, 2020
  • 1 reply
  • 29 views
New for 2020 California instituted a Individual Shared Responsibility penalty. How do we override it?
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Best answer by Biz CPA

Note, the reference to screen 35 is not correct.  Go to screen 39 (ACA tab), 3rd section on the left is titled "California Premium Assistance Subsidy/Penalty.  Enter 1 for entire household covered.

1 reply

sjrcpa
Level 15
December 10, 2020

Why would you override it?

Oh, I see you're really asking where is the input to show they are not subject to the penalty.

California individual shared responsibility penalty input (intuit.com)

The more I know the more I don’t know.
abctax55
Level 15
December 10, 2020

@sjrcpa - do you want to man the counter on this one?  Maybe @George4Tacks would like to take that on 😉

HumanKind... Be Both
sjrcpa
Level 15
December 10, 2020

I was thinking we need to start one for this.

The more I know the more I don’t know.