Will Health Insurance Be Taxed In 2014? 
There is a `` net investment tax '' of 3.8 % that is levied on `` individuals , trusts and estates '' . Then each year when the individual files their tax returns the tax preparer is reponsible for completing the form that documents if the individual has credible health insurance coverage . If not , then the individual has to pay `` the fine '' which is a tax . Now that ObamaCare is on the ropes and apparently going down for the count perhaps some sanity can be returned back into the health insurance industry 