How is the Premium Tax Credit – Subsidy
CFR 1.36 B – 3 calculated?
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.
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.
So, let’s let the Kaiser Family Foundation Exchange Calculator KFF.org calculator do the math.
- Premium Tax Credit
- HHS Federal Poverty Guidelines
- The Premium Tax Credit on IRS.gov
- Premium Tax Credit Regulations
Visit our other pages on the Premium Tax Credit.