Filing bankruptcy in the last 6 months is one of the "hardship exemptions" that allow the Obamacare penalty of fee to be waived. One of my clients said she will save almost $700 because of the bankruptcy hardship exemption.

To apply for the hardship exemption for bankruptcy, you have to fill out an application, attach a copy of your bankruptcy documents, send it in, and if approved, you will receive a "unique exemption certificate number" (ECN). You put your ECN on your tax return to claim the exemption.

J Thomas Black
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Board Certified, Consumer Bankruptcy Law- Texas Board of Legal Specialization