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CA ISR Penalty: Where do we enter information stating the taxpayer had health insurance thus eliminating the penalty?

michael6
Level 2
New for 2020 California instituted a Individual Shared Responsibility penalty. How do we override it?
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Biz CPA
Level 1

Note, the reference to screen 35 is not correct.  Go to screen 39 (ACA tab), 3rd section on the left is titled "California Premium Assistance Subsidy/Penalty.  Enter 1 for entire household covered.

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10 Replies 10
sjrcpa
Level 15

Why would you override it?

Oh, I see you're really asking where is the input to show they are not subject to the penalty.

California individual shared responsibility penalty input (intuit.com)


ex-AllStar
abctax55
Level 15

@sjrcpa - do you want to man the counter on this one?  Maybe @George4Tacks would like to take that on πŸ˜‰

Former Chump..oops..AllStar...I used to be a people person, then people ruined it


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sjrcpa
Level 15

I was thinking we need to start one for this.


ex-AllStar
itonewbie
Level 15

Please take a queue number and wait for your number to be called.

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Still an AllStar
George4Tacks
Level 15

This is response number π²

New update to 2020 - It is in Screen 53.014 California Premium Assistance Subsidy Credit like old IRS 1=entire household covered for all months, 2=no months. 


ex-AllStar
itonewbie
Level 15

Gee, now I need to solve for π²... πŸ™„

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Still an AllStar
BobKamman
Level 15

@itonewbie "Gee, now I need to solve for π²."

Ο€ aren’t squared. Ο€ are round.

If there are this many Nervous Nellies in California who are concerned about a new item in December, can you imagine what it will be like here when it's actually time for returns to be prepared?

Biz CPA
Level 1

Note, the reference to screen 35 is not correct.  Go to screen 39 (ACA tab), 3rd section on the left is titled "California Premium Assistance Subsidy/Penalty.  Enter 1 for entire household covered.

View solution in original post

michael6
Level 2

I did not previously see that option. However I had an update this morning and POOF there it is! 

Thanks!

abctax55
Level 15

 

@Biz CPA 

Screen 35 - or rather 53?....  WAS correct when that was posted.  The program was changed to now use Screen 39; which is a lot more logical as that's where F 1095-A info is entered, just like in past years.

Former Chump..oops..AllStar...I used to be a people person, then people ruined it


If a post answers your question, click on *Accept as solution* for future searches