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Deductions & credits
He does not qualify for PTC because his income was less than 100% of the federal poverty line and he received no Advance PTC because his estimated income at the time he enrolled in the Marketplace plan was less than 100% of the federal poverty line. Had he received at least $1 of APTC because his estimated income at enrollment was at least 100% of the federal poverty line he would have likely qualified for $3,624 of PTC.
See Estimated household income at least 100% of the federal poverty line and the CAUTION on page 8 of the instructions for Form 8962: https://www.irs.gov/pub/irs-pdf/i8962.pdf
‎August 19, 2019
9:46 AM