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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?

New for 2020 California instituted a Individual Shared Responsibility penalty. How do we override it?
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Biz CPAAnswer
Level 2
December 13, 2020

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.

10 replies

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.