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Premium tax credit for 2021 year, and unemployment received by a dependent
My daughter received unemployment compensation (UC) in 2021 and we are all under ACA plans as a family.
I understand that the ARPA in March 2021 removed the cliff on the premium tax credit (PTC), and also sets max premiums at 133% poverty level if household received UC.
My Question: Does my daughters UC count in the household income and UC credit for the PTC? The question TurboTax asks is not clear about if it's just the husband and wife who can claim this UC credit or do dependents also count. I do know the PTC is based on household Income MAGI.
‎February 15, 2022
12:16 PM