You need to sign up for insurance by middle of February, 2014 to avoid the ACA tax penalty...
WASHINGTON — You’ll have to get health coverage by Valentine’s Day or thereabouts to avoid penalties for being uninsured, the Obama administration confirmed Wednesday.
That is about six weeks earlier than a March 31 deadline often cited previously.
The explanation: Health insurance coverage typically starts on the first day of a given month, and it takes up to 15 days to process applications.
You still have to be covered by March 31 to avoid the new penalties for remaining uninsured. But to successfully accomplish that you have to send in your application by the middle of February. Coverage would then start Mar. 1.
Read the rest at: http://www.bostonglobe.com/news/nation/2013/10/09/get-covered-valentine-day-avoid-fines/IF6ExoMuXANRr2MqUliqAJ/story.html
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To find out if you are exempt from the tax penalty for not having insurance, see:
http://www.irs.gov/uac/Questions-and-Answers-on-the-Individual-Shared-Responsibility-Provision
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