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The fee for not having health coverage in 2016. If you don 't have health insurance in 2016, you 'll pay the higher of these two amounts: 2.5 of your yearly household income Only the amount of income above the tax filing threshold, about $10,150 for an individual in 2014, is used to calculate the penalty. .Here is a brief summary of the standard penalties for not having health insurance or not meeting the allowed exemptions see table at the end of this article :..
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