BrittanyS
Expert Alumni

Get your taxes done using TurboTax

To be eligible for the premium tax credit you must meet the following requirements:

 

  • You or a tax family member enrolled in health insurance coverage through the Marketplace for at least one month of a calendar year in which the enrolled individual was not eligible for affordable coverage through an eligible employer-sponsored plan that provides minimum value or eligible to enroll in government health coverage – like Medicare, Medicaid, or TRICARE.
  • The health insurance premiums for at least one of those same months are paid by the original due date of your return. They can be paid either through advance credit payments, by you, or by someone else.
  • You are within certain household income limits. For 2021, if you, or your spouse (if filing a joint return), receive, or is approved to receive, unemployment compensation for any week beginning during 2021, your household income is considered to be within these limits.
  • You do not file a married filing separately tax return.
  • You cannot be claimed as a dependent by another person.
  • You are not eligible for the premium tax credit for coverage purchased outside the Marketplace. 

See the link below to help determine if you are eligible:

 

 Am I Eligible to Claim the Premium Tax Credit

 

@Frantastic13 

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