Health Care Affordable Care Act Health Insurance Marketplace Open Enrollment is November 1st through January 31st [Video] Read the Article Open Share Drawer Share this: Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to print (Opens in new window) Print Written by TurboTaxBlogTeam Published Sep 11, 2015 - [Updated Jul 23, 2019] 1 min read Under the Affordable Care Act, most Americans need proof of health insurance coverage. Without health insurance, you could face an increased penalty for 2016 of $695 per adult in household or 2.5 percent of income when you file your 2016 taxes in 2017 Open Enrollment in the Health Insurance Marketplace starts November 1, 2015, and ends January 31, 2016. If you don’t enroll by January 31, 2016, you won’t be able to sign up for coverage in the Marketplace unless you have a qualifying life event, such as getting married or having a baby. TurboTax makes it easy to accurately report your health insurance status and Affordable Care Act forms at no charge. Watch our video to learn more. Previous Post Is This Deductible? Going Back to School Next Post Affordable Care Act Update: New Information About Form 1095-B and… Written by TurboTaxBlogTeam More from TurboTaxBlogTeam 4 responses to “Affordable Care Act Health Insurance Marketplace Open Enrollment is November 1st through January 31st [Video]” What if you can’t afford insurance or a “life event”? Will the gestapo off me? Reply What is your address ? Reply The heath insurance from Turbo tax is for Americans only and ot Canadians, correct? Reply Hi Robert, The health insurance law from the Affordable Care Act (not TurboTax) is for Americans. That is correct. TurboTax allows you to easily report your health insurance status and TurboTax doesn’t charge for Affordable Care Act forms. Thank you, Lisa Greene-Lewis Reply Leave a ReplyCancel reply Browse Related Articles Tax Help How to File a Business Tax Extension: Deadlines, Forms, and Penalties Tax Tips The White Lotus Tax Lessons: Navigating Gift Taxes, Lump Sum Payouts, Hush Money, and the IRS Tax Questions What Day Are Taxes Due? April 15! How to File for a Tax Extension or Pay Taxes Online Tax Questions What Happens If You File Your Taxes Wrong? Late Filing Penalties, Interest, and More Tax Questions What’s Tax Deductible? A Guide to Mortgage Interest, Long-Term Care, Funeral Expenses, Student Loans, and Roth IRA Contributions Tax Questions Is it Better to Get Your Taxes Done or Do Them Yourself? (And Other Tax Questions Answered) Tax Forms What is a 1099-K Form? How to Report Payments on Your Tax Return (2024) Tax Forms What is a 1099 Form? A Guide to Understanding Your Tax Obligations Income Tax by State Wisconsin State Income Tax in 2025: A Guide Income Tax by State West Virginia State Income Tax in 2025: A Guide
Hi Robert, The health insurance law from the Affordable Care Act (not TurboTax) is for Americans. That is correct. TurboTax allows you to easily report your health insurance status and TurboTax doesn’t charge for Affordable Care Act forms. Thank you, Lisa Greene-Lewis Reply