In that case, you won't have to pay the fee when you file your 2018 taxes.
Those are great news, indeed. I've also read about penalties and it said I won't have to pay one, is that correct?
Through the end of 2018, the ACA required all U.S. taxpayers to have health coverage that met a minimum standard called the minimum essential coverage requirement unless they qualified for an exemption due to certain life events, financial status, or other factors. This meant that if you had affordable health coverage options, but chose not to buy health insurance, you would have to pay a fee when filing your taxes.
I see. So I don't have to pay a penalty as long as I fulfill those conditions, right?