Free Republic 3rd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $75,683
86%  
Woo hoo!! And we're now over 86%!! Thank you all very much!!

Keyword: federalfines

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  • IRS: Parents Must Pay Federal Fine for Uninsured Kids

    01/31/2013 7:11:08 PM PST · by Olog-hai · 74 replies
    Cybercast News Service ^ | January 31, 2013 | Matt Cover
    In new, final regulations issued Wednesday, the Internal Revenue Service (IRS) said that parents must pay a federal fine under Obamacare if their children or dependent spouses are uninsured for any part of the year. The regulations clarify provisions of Obamacare that seem to say that a parent will be held liable for Obamacareís individual mandate penalty if they donít have insurance coverage for their children. In its final regulations, the IRS states that parents will be made to pay the penalty if they can claim an uninsured child or spouse as a dependent, regardless of whether they actually claim...