jeanlincpa
Level 2
02-10-2021
11:00 AM
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For tax year 2020, no health insurance will receive the penalty.
Where do I enter Form 1095-B and Form 1095-C in lacerte ?
Thank you
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abctax55
Level 15
02-10-2021
11:07 AM
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no health insurance will receive the penalty.
Really? I don't think that statement is correct. The FEDERAL penalty for no medical insurance went away (thanks Texas...)
Some states impose a penalty for no medical insurance (CA does).
And the info is entered on the same screen as last year's was (38?) Screen 39
"*******Tax software is no substitute for a professional tax preparer*******
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