Millions to owe Obamacare tax penalty

Some three-quarters of the nation’s 150 million taxpayers have health insurance through their jobs or government programs and will simply have to check a box on the Form 1040.

Another 15 million to 30 million people will request and be granted an exemption to the mandate by filing Form 8965. Those who aren’t subject to the insurance requirement include undocumented immigrants, low-income Americans and those for whom insurance premiums were more than 8% of their household income.

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