AS the year ends, the thoughts of many Americans turn to taxes.The new one for this year is the Obamcare tax. I choose not to have insurance, because a $300 a month insurance bill for a policy that doesn't pay a dime until the $6,000 deductible is met just doesn't make financial sense.
There is a way to get out of the Obamacare tax, as there are 14 reasons to receive a hardship exemption. Here they are:
The easy route, using #3:
1 Do not pay one month's utility bill each quarter
2 wait for shut off notice
3 pay bill the next day, before utility is actually shut off
4 mail shut off notices in to IRS
5 receive exemption, save hundreds or thousands of dollars
1 Don't pay medical bill
2 Send copy of unpaid bill to IRS
or be vague, and use #14...
There is an application, which can be downloaded as a PDF here. From Healthcare.gov: