The premium tax credit is? A payment made by the taxpayers if anyone in the tax

Question

The premium tax credit is? A payment made by the taxpayers if anyone in the tax household does not have Minimum essential health insurance and does not qualify for a coverage exemption An additional 2.35% on earned income exceeding $2000.000 ($250,000 mai,$125,000 MFD) An advantageable and refundable tax credit to help the cost of health insurance coverage purchase through the market place A lot as credit given to applicable large employer provided insurance coverage to their employees The premium tax credit is? A payment made by the taxpayers if anyone in the tax household does not have Minimum essential health insurance and does not qualify for a coverage exemption An additional 2.35% on earned income exceeding $2000.000 ($250,000 mai,$125,000 MFD) An advantageable and refundable tax credit to help the cost of health insurance coverage purchase through the market place A lot as credit given to applicable large employer provided insurance coverage to their employees A payment made by the taxpayers if anyone in the tax household does not have Minimum essential health insurance and does not qualify for a coverage exemption An additional 2.35% on earned income exceeding $2000.000 ($250,000 mai,$125,000 MFD) An advantageable and refundable tax credit to help the cost of health insurance coverage purchase through the market place A lot as credit given to applicable large employer provided insurance coverage to their employees

Explanation / Answer

An advantageable and refundable tax credit to help the cost of health insurance coverage purchase through the market place

The premium tax credit is An advantageable and refundable tax credit to help the cost of health insurance coverage purchase through the market place.

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