IRS updates FAQ for the premium tax credit

February 14, 2024

The IRS recently updated its frequently asked questions (FAQ) webpage regarding the premium tax credit.

The premium tax credit is a refundable tax credit designed to help eligible individuals and families with low or moderate income afford health insurance purchased through the Health Insurance Marketplace.

The revisions and additions to the FAQ include updates to eligibility for the tax credit, a new section that addresses affordability of employer coverage for employees and family members of employees, and updates to unemployment compensation. See the updated FAQ.

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