Qualification Criteria for the Premium Tax Credit
Managing healthcare in the U.S. can take a significant toll on your pocket. The IRS in 2014 introduced the Premium Tax Credit to make it easier for middle-class Americans to take care of their health insurance needs. It is essentially a refundable credit that helps individuals and families cover the cost of health insurance premiums from the healthcare exchange during the tax year. It is part of a host of Affordable Care Act tax provisions. Nonetheless, to be eligible for the Premium Tax Credit, you must meet certain criteria. If youu2019re a match, accounting consultants for freelancers suggest you opt for it, as it is obviously quite beneficial. The following is a list of pointers you should consider in determining your eligibility for the Premium Tax Credit. Read on, plunge into the details.
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