Massachusetts Publishes TIR 19-1: Individual Mandate Penalties for Tax Year 2019

Massachusetts has released the individual mandate penalties for tax year 2019. Adults deemed able to afford health insurance, but fail to maintain health insurance coverage for any part of the year, may be subject to these penalties. Coverage must meet minimum creditable coverage standards established by the Health Connector. The penalties, which will be imposed through the individual’s personal income tax return, shall not exceed 50% of the minimum monthly insurance premium for which an individual would have qualified through the Health Connector.

Despite the repeal of the federal individual mandate, Massachusetts maintains its state individual mandate law.