As if there weren't enough questions, the IRS is adding one more while filing your taxes.
In 2014, part of your tax return will be based on whether or not you have health insurance. You could pay more if you don't. It doesn't start until next year, but H&R Block is already asking clients about healthcare. They want to inform people early because there isn't a lot of knowledge about the change.
"When we really start to boil down to the specifics there's just not a lot of knowledge, and I think that's one of the benefits that H&R block is bring to their clients. Coming to the office is that opportunity to understand ahead of time what those impacts are going to be," said Brian Johnston, H&R Block.
In 2014, the penalty for not having insurance is $95.00 or one percent of your income. In 2015, it goes up to $325.00 or two percent. In 2016 you could be charged 2.5% for not having insurance.
