The penalties are getting stiff for not signing up to Obamacare, being much higher this year than in 2014.
Last year, failure to enroll meant you had to pay $95 per person or 1% of your yearly household income, which ever was greater.
This year, you must pay the greater of $325 per person or 2% of your income, which run up as high as $2,448 per family member.
The enrollment period this year runs Nov. 15 to Feb. 15 – so in just 2 days the enrollment period ends.
Also, be careful to account for any changes in your income or you could end up owing money instead of getting that anticipated refund.
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[nextpagelink]Obamacare 2015 Tax Penalty Hikes IN 2 DAYS[/nextpagelink]
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