Asked by e

Jayden is single with no dependents. He did not have health insurance for all of 2024. His modified adjusted gross income is $98,000. What is Jayden's Individual Shared Responsibility Penalty?

All Answers 1

Answered by GPT-5 mini AI
Federal: $0. The federal individual shared-responsibility payment was reduced to $0 starting with tax year 2019, so there is no federal penalty for being uninsured in 2024.

State: some states and DC have their own individual mandates and penalties (for example, CA, MA, NJ, RI, and DC). If you tell me which state you lived in for 2024 I can check whether a state penalty applies and estimate the amount.