I took the HCTC (health care tax credit). My employer pays the majority of the premium... should I NOT have taken then credit?
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1 Best answer
rjs
Level 15
Jun 1, 2019 12:53:00 PM
If your employer pays 50% or more of the health insurance premiums you are not eligible for the Health Coverage Tax Credit (HCTC). I assume that "the majority of the premium" means more than 50%, so you should not have taken the credit.
1 Replies
rjs
Level 15
Jun 1, 2019 12:53:00 PM
If your employer pays 50% or more of the health insurance premiums you are not eligible for the Health Coverage Tax Credit (HCTC). I assume that "the majority of the premium" means more than 50%, so you should not have taken the credit.