`.....What happens if you don't pay the `o` tax for not having medical insurance?

[LongTermGuy]

`According to this article.... apparently nothing unless you were anticipating a refund which IRS might seize...................`

Interesting quick read..

http://www.forbes.com/sites/kellyphi...+for+Forbes%29 (http://www.forbes.com/sites/kellyphillipserb/2015/02/26/opting-out-of-the-obamacare-tax/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+taxgirlfeed+%28taxgirl+for+Fo rbes%29)

[gabosaurus]

It's actually fairly easy to get a waiver or exemption. Particularly in states that opted out of the healthcare market.

[tailfins]

I will be paying about a $400 penalty for last year because my income is like a roller coaster resulting in over-withholding. My refund will get a $400 haircut from 5 penalty months. I was only able to get 7 months exempted.