Being fined almost $1100 for not having health insurance in 2018 because I lost my job and was unemployed for a while. Any way I can get exempt from paying this?
The company I worked for went out of business at the end of 2017. I struggled finding employment for 6 months in 2018 and eventually took the first job offer I could find. Unfortunately, that employer did not offer health insurance. Now I completed my taxes and I have to pay almost $1100 as a penalty with an additional $107 processing fee from the IRS. I cannot believe I am being charged for not being able to afford health insurance because I lost my job, and on top of that, I have to PAY $107 TO PAY my fine!!!
Can somebody PLEASE help me find a way to either reduce the payment, find an exemption, anything?!? Thank you!