TaxACT & GetInsured Help Taxpayers Easily Navigate Tax Penalty & Health Insurance Options - Seite 2

Even if you obtain insurance during the special enrollment period, you may still have to pay a penalty when you file next year's tax return if you were uninsured for three or more consecutive months in 2015. Obtaining health insurance by April 30, however, will minimize your penalty amount.

How do I know if I have to pay the 2014 penalty?
Go to www.TaxACT.com and answer TaxACT Free Federal Edition's easy questions about your health insurance, income and expenses. If you have to pay the individual shared responsibility payment, TaxACT will automatically calculate the amount.

TaxACT will also provide a personalized HealthWatch report with your estimated 2015 penalty and all of your tax return information needed for health insurance applications.

Even if you have complex insurance or tax situations, TaxACT Free Federal Edition has all the guidance and forms to help you file your IRS income tax return easy, fast and free. TaxACT is the only company to offer all e-fileable IRS forms for free.

Can I still get insurance after April 30?
You can only purchase coverage during the annual open enrollment period or if you or someone in your household experience a change in household size, circumstance, or status, such as:

• Marriage, divorce or legal separation
• Having a baby or adopting a child
• Loss of health coverage, e.g. termination from employer-sponsored health insurance
• U.S. citizenship

These events trigger a special enrollment period that allow to you buy insurance. If you do not experience a qualifying event, you may purchase short-term health insurance to hold you over until the next open enrollment period. Short-term insurance, however, does not preclude you from paying the tax penalty. Enrollment for Medicaid and CHIP is also open year-round.

How do I learn more about my insurance options or apply for coverage?
Visit GetInsured.com to compare plans from top providers. You can also speak directly with one of GetInsured's licensed insurance brokers by calling [phone] -- just be sure to mention your tax penalty.

About TaxACT
Since 1998, TaxACT has offered affordable digital and download tax preparation solutions for individuals, business owners and tax professionals. In the 2005 tax season, TaxACT became the first to offer free federal filing to all U.S. taxpayers and has been one of the top three visited online tax preparation destinations ever since.* TaxACT has assisted with more than 50 million e-filed federal returns since 2000. TaxACT is a business of Blucora, Inc. (NASDAQ: BCOR) Learn more about TaxACT at www.taxact.com and the tax implications of the Affordable Care Act at HealthcareACT.com, powered by TaxACT.

* According to collective week end reports for taxact.com and taxactonline.com released by Hitwise™.

About GetInsured
GetInsured is a cloud-based health insurance exchange platform that combines modern technology and customer service capabilities to make health insurance shopping easy and efficient. Since its founding in 2005, GetInsured has helped millions of consumers find the right health plan for their needs and budgets. GetInsured is approved by the federal government to enroll Americans in subsidized health insurance plans, and also provides state governments and employers with SaaS-based technology solutions for public and private health insurance exchanges. For more information, please visit www.GetInsured.com.

Contacts
Jessi Dolmage
TaxACT Public Relations
Email Contact
[phone]

Andrea Riggs
GetInsured, Director, Communications
Email Contact
[phone]