Question

An individual who is otherwise eligible for a refundable premium tax credit under the Affordable Care Act must have a household income less than ______ of the federal poverty level in order to be eligible to receive the credit.

Answer 1

To be eligible for the premium tax credit, the household income of an individual must be at least 100 – but not more than 400 – percent of the federal poverty line for his/her family size, although there are two exceptions for individuals with household income below 100 percent of the applicable federal poverty line.

An individual who is otherwise eligible for a refundable premium tax credit under the Affordable Care Act must have a household income less than _400 percent and at least 100 percent__ of the federal poverty level in order to be eligible to receive the credit.

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