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Think you qualify for a hardship exemption for not having health insurance?

You can file your tax return before the exemption has been OK’d

IRS says in the Form 8965 instructions the new form for reporting health coverage exemptions. Under the health reform law’s individual mandate, people without health insurance will owe a tax when they file their income tax returns unless they have an exemption.Folks seeking one of the hardship exemptions must submit a multipage application plus any required documentation to the exchange before filing their tax returns. Once they’ve done so, they can enter “pending” in column c of Part 1 of the 8965 and file their 2014 returns while waiting for the exchange to process their application.

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