Massachusetts Publishes TIR 19-1: Individual Mandate Penalties for Tax Year 2019

February 8, 2019 Tom Hospod

Massachusetts has released the individual mandate penalties for tax year 2019. Adults deemed able to afford health insurance, but fail to maintain health insurance coverage for any part of the year, may be subject to these penalties. Coverage must meet minimum creditable coverage standards established by the Health Connector. The penalties, which will be imposed through the individual’s personal income tax return, shall not exceed 50% of the minimum monthly insurance premium for which an individual would have qualified through the Health Connector.

Despite the repeal of the federal individual mandate, Massachusetts maintains its state individual mandate law.

About the Author

Tom Hospod

Tom Hospod is a member of the Tax Research Team for the Direct Tax division at Sovos Compliance, where his main areas of focus are Tax Withholding and Automatic Exchange of Information (AEOI). Prior to Sovos, Tom worked as a legislative aide in the Massachusetts House of Representatives. He also has experience in securities law—focusing on broker-dealer disputes and representing clients in FINRA arbitration. Tom is a member of the Massachusetts Bar, earned his B.A. from Boston College and his J.D. from the University of Miami.

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