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Get your taxes done using TurboTax
Thank you for the response.
Just so I am understanding the calculation/rules; the Premium Tax Credit calculation takes the entire year's income into consideration, regardless of the number of months the insurance policy was in place. So, even though the increase in income occured in the months AFTER the coveage terminated, the entire years income amount is used. Am I understanding this correctly?
Thanks again!
‎February 3, 2025
3:39 PM