To answer “Yes” to this question, you must meet ALL of the following requirements. Answering incorrectly can cause the program to incorrectly calculate your return.
- You or someone in your family is enrolled in a Qualified Health Plan through a Marketplace.
- The APTC (Advanced Premium Tax Credit) was used for covering one or more months during the 2017 Tax Year.
- You also must be considered an “applicable taxpayer”.
- The Marketplace estimated your income when enrolling for insurance to be at LEAST 100% of the Federal Poverty Level, but not more than 400%.
Federal Poverty Level (2017)
You must have been estimated to have at LEAST the below amounts of income, but not more than 4 times the amount:
- $12,140 - individuals
- $16,460 – Family of 2
- $20,780 – Family of 3
- $25,100 – Family of 4
- $29,420 – Family of 5
- $33,740 – Family of 6
- $38,060 – Family of 7
- $42,380 – Family of 8
For more information, see our knowledgebase article.