Perplexed Taxpayer
Level 2
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Thanks Mike 9241 for your time. In my question I put that they ARE NOT dependents,...(I know it was a long question.....my bad), but I have since found out the ...
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Thanks for all your help Bsch4477....you're a lifesaver! I like to be prepared and not get surprises at the end of the tax year. PS I addressed you as "Champ". ...
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...what happens if they don't earn the minimum income requirement(100% of Fed Poverty Level)? Do they lose the credit entirely and have to pay ALL of the advanc...
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Thanks Champ but we've already done this and that doesn't answer my original question. Right now they have no income, but highly likely to have some income in 2...
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They are not dependents, but file their own tax return.
Activity Feed for Perplexed Taxpayer
- Posted Re: Can college students get the ACA tax credit if they earn less then the Federal Poverty Level(do they get part or none?) on Get your taxes done using TurboTax. February 7, 2024 5:57 PM
- Cheered Re: ACA income minimum limits-what if not enough income in 2024 for Bsch4477. February 5, 2024 9:55 AM
- Posted Re: ACA income minimum limits-what if not enough income in 2024 on Get your taxes done using TurboTax. February 5, 2024 9:49 AM
- Cheered Re: ACA income minimum limits-what if not enough income in 2024 for Bsch4477. February 5, 2024 9:43 AM
- Cheered Re: ACA income minimum limits-what if not enough income in 2024 for Bsch4477. February 5, 2024 9:40 AM
- Posted Can college students get the ACA tax credit if they earn less then the Federal Poverty Level(do they get part or none?) on Get your taxes done using TurboTax. February 4, 2024 9:21 PM
- Posted Re: ACA income minimum limits-what if not enough income in 2024 on Get your taxes done using TurboTax. February 4, 2024 9:04 PM
- Posted Re: ACA income minimum limits-what if not enough income in 2024 on Get your taxes done using TurboTax. February 4, 2024 11:25 AM
- Posted Re: ACA income minimum limits-what if not enough income in 2024 on Get your taxes done using TurboTax. February 4, 2024 9:59 AM
- Posted ACA income minimum limits-what if not enough income in 2024 on Get your taxes done using TurboTax. February 4, 2024 9:16 AM