" How to Calculate Individual Shared Responsibility Payment For Obamacare ? "

For Each Month of 2014, Taxpayer and Dependants Do Not have the Monthly Essential Minimum Coverage through the Market Place, the Taxpayer needs to either file Claim of Exemption Form 8965 or make Shared Responsibility Payment per Worksheet in 8965.
1.  Shared Responsibility Payment :  Annual Payment amount is greater than Percentage of your household income or a flat dollar, but is capped at the National Average premium For a Bronze Level Health Plan available though the Market Place.
2.  You owe 1/12th Annual payment your or dependant Don't have the Either the Coverage or Exemption.. 
3. Use 8965 Form worksheet to figure out the Shared Responsibility Payment

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