Health insurance for months not in the US?
I was in the US from 2010 - July, 2016, and had health insurance all the time. In August, 2016, I moved back to my home country for good - but technically I still count as a resident alien for 2016 in the US for tax purposes.
For 2016, I had health insurance up to July. After I moved back home, I didn't have health insurance from July - December (obviously, since I didn't need it and I wasn't planning on moving back).
When filing my taxes on TurboTax, they're fining me 0 per month for each of those months that I didn't have health insurance. Is there any way to avoid this tax penalty?
I don't seem to qualify for any of the exemptions listed here.
Thanks!
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You are exempt from the penalty for any months that you qualify for the Foreign Earned Income Exclusion (through either the Physical Presence Test or the Bona Fide Resident Test). The Physical Presence Test applies to any 12-month period where you are physically outside the US at least 330 days. You should be able to use the 12-month period after you left (i.e. August 2016 - July 2017); if you are outside the US for 330 days in that period, you should be exempt from penalty during those months.
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