Thanks for replying. Yes, I'm a U.S. citizen living abroad at the present time. But, no, I'm not talking about ACA or deductions for insurance premiums. My question was regarding "qualified plans" specifically in the context of the Health Coverage Tax Credit (HCTC).
Under HCTC provisions, eligible individuals can receive a 72.5% tax credit to offset the cost of their monthly health insurance premiums (at least until 12/2021) if they have "qualified health coverage" and the subject taxpayer is one of the following:
- An eligible trade adjustment assistance recipient, alternative TAA recipient, or reemployment TAA recipient;
- An eligible Pension Benefit Guaranty Corporation payee; or
- The family member of an eligible TAA, ATAA, or RTAA recipient, or PBGC payee who is deceased or who finalized a divorce with you.
I fit one of those categories, so of course I'm very interested in this refundable tax credit.
