The premium tax credit can be used to help lower the cost of monthly insurance payments and out-of-pocket medical costs for eligible applicants. Income and family size determine the eligibility and tax credit amount available to qualifying applicants.
family size | ||
---|---|---|
1 | $11,880 | $15,800 |
2 | $16,020 | $21,307 |
3 | $20,160 | $26,813 |
4 | $24,300 | $32,319 |
5 | $28,440 | $37,825 |
6 | $32,580 | $43,331 |
7 | $36,730 | $48,851 |
8 | $40,890 | $54,384 |
source: https://aspe.hhs.gov/basic-report/computations-2016-poverty-guidelines (link opens in new window)
If you are eligible, make sure you have done these two things to help avoid a delay in receiving your premium tax credit.
For a copy of Form 1095-A, please visit HealthCare.gov or state Marketplace website and log into your Marketplace account or call the Marketplace call center at 1-800-318-2596. For more information on filing, please visit IRS.gov/aca (link opens in new window) or call the IRS at 1-800-829-0922.
Please note: the IRS will not be able to answers questions about the information on Form 1095-A or about missing or lost forms.