Premium tax credits
Premium tax credits may be used to lower monthly premiums when you enroll in a health plan via the Health Insurance Marketplace.
Tax credits are calculated based on an estimate of your annual household income for the upcoming plan year. Households with an estimated income of between 100 percent and 400 percent of the federal poverty level qualify for premium tax credits.
Note: If your estimates are too low you may need to repay tax credits, but if you earn less than expected, you may be eligible for a refundable credit when you file your taxes.
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