How Form 8655 Penalties 2024

Nobody wants to be forced into buying something. But with Obamacare, you get a big old tax belly if you don't buy what they tell you you need. It is a beautiful day here today, only in New York where I'm going to show you how weak the Affordable Care Act is and that you do not need to pay that stupid fine for not having their coverage. I say keep your money and spend it on what you want, instead of what you're told that they didn't tell you have to have. Now, before I get started, know that I'm not a tax attorney or an accountant. I'm just a financial planner who wants you to get the most out of your money and help you have more of what you want in your life. Feel free to confirm the information that I'm giving you in this video with a tax attorney or accountant before you act on it. Listen, I'm a big fan of the intent of the Affordable Care Act, where people are supposed to have affordable insurance that provides access to the best medical care possible for all Americans. But it's not. If it was, though, I wouldn't be making this video. First, these policies have skyrocketed in price, and choices are dwindling. The number of doctors accepting them is declining every day. These ridiculously high premiums are causing many families to say "the hell with it" and opt out of health coverage. Then they allow the government to take their money through that fine because they didn't obey the law. Still, others buy these ridiculously expensive policies because they believe they have to in order to have coverage and avoid the penalty. Here's the reality: you don't need to pay the tax penalty, and you...