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.
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.
Visit our other pages on the Premium Tax Credit.
- Income Application Questions?
- Income Chart
- Individual Mandate
- KISS? FAQ’s
- Premium Tax Credit
- HHS Federal Poverty Guidelines
- The Premium Tax Credit on IRS.gov
- Premium Tax Credit Regulations
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