johnrwolfe
Returning Member

2022 Premium Tax Credit Eligibility

When will TurboTax 2022 support the expanded eligibility requirements for the premium tax credit?  At present (12-Dec-2022), the program appears to apply a hard limit of 400% of the Federal Poverty Line.  With a MAGI slightly above that figure, TT2022 calculates the value of PTC as zero.

 

From the IRS website:  

2021 and 2022 Premium Tax Credit Eligibility. For tax years 2021 and 2022, the American Rescue Plan of 2021 (ARPA) temporarily expanded eligibility for the premium tax credit by eliminating the rule that a taxpayer is not allowed a premium tax credit if his or her households income is above 400% of the Federal Poverty Line.