How is the Premium Tax Credit – Subsidy
CFR 1.36 B – 3  calculated?

Uh Oh – Covered CA made a mistake in 2020 premiums, something with the new 600% of FPL from State of CA.  Here’s copies of the emails that are going out.

State_Subsidy_Ad_Hoc
State_Subisidy_Email

For a simpler explanation see our main subsidy explanation page, KFF Calculator or Just get a FREE Quote,  put in your MAGI income

The Tax Credit – Premium Assistance – Subsidy is calculated off the 2nd lowest Silver Premium.   See Screen Shot below for the rates in Los Angeles, based on the input data farther below.

AHCA  Donald Care would replace this with Section 36 C – credits based on age.

We also suggest that you check with your tax advisor, as these are TAX credits…  It’s like your W- 4.  It will all get evened out, when you file your 2014 taxes.  Pick a overall Tax Calculator – Google Search.

2nd.lowest.silver1

quotit.agent.view.calculation

applicable.percentage
9.86% Applicable Percentage 2019
9.86% Applicable Percentage 2019  Rev Proc  2018-34
premium.tax.credit
CHCF – 4 Page Explanation
So, let’s let the Kaiser Family Foundation Exchange Calculator  KFF.org calculator do the math.kaiser.calculator.math

Kaiser Foundation Sample Tax Credit Calculation and explanation

cfr.136.b
CFR 136 B 3 – How is Tax Credit Calculated
kaiser.foundation.subsidy.explanation
Kaiser Foundation Subsidy Explanation

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