Deductions & credits

Thanks for the very quick reply. This one is tricky to wrap my head around with some of the language.

 

If I've read this correctly, for 2021 the 400% threshold would be eliminated in my case?  The only doubt I have is in the reading of the 'otherwise eligible' aspects....

  • Have household income that falls within a certain range (see Q7) or for 2021, you, or your spouse (if filing a joint return), received, or were approved to receive, unemployment compensation for any week beginning during 2021.

It's the "or" that is tripping me up.  I meet all of the other bullet points.   Neither of us received any unemployment.  So with the removal of the income clause and meeting the other requirements, it would appear that 400% cliff to zero is removed?   Would this mean that my subsidy level would be at the 400% level (the minimum)?

 

Thanks for bringing this to my attention, TurboTax didn't do so....Not yet updated?