There is a penalty for a good minute that if you didn’t have health insurance when you filed your taxes they apply to penalty towards your taxes because you weren’t paying your fair share of everyone else’s health issues.
Well in some states that’s still a thing. In RI which I just left that God forsaken shit hole 2 years ago if you don’t have health insurance coverage for the whole year you pay 800$ or 2% of what you made that year, whichever is GREATER.
Yep! RI is one of those states that there ain’t a shot in hell ur gonna survive on min wage anyways. Cheapest apts are 1800+, if ur on minimum wage and still want to eat on a 40 hour week you have multiple room mates. I still have friends in mass that are paying 2/3rds or more of my mortgage for a ROOM. So glad I left there, not that shits all that much better in other states but at least I’m building equity now 🤷
What penalty?
There is a penalty for a good minute that if you didn’t have health insurance when you filed your taxes they apply to penalty towards your taxes because you weren’t paying your fair share of everyone else’s health issues.
Well in some states that’s still a thing. In RI which I just left that God forsaken shit hole 2 years ago if you don’t have health insurance coverage for the whole year you pay 800$ or 2% of what you made that year, whichever is GREATER.
Damn that’s like almost 3% of your income if you make near minimum wage.
Yep! RI is one of those states that there ain’t a shot in hell ur gonna survive on min wage anyways. Cheapest apts are 1800+, if ur on minimum wage and still want to eat on a 40 hour week you have multiple room mates. I still have friends in mass that are paying 2/3rds or more of my mortgage for a ROOM. So glad I left there, not that shits all that much better in other states but at least I’m building equity now 🤷