If your household income is not within 400% of the federal poverty line, your credit repayment is not protected and you would need to pay this back if you took advance payments you were not eligible for.KEY TAKEAWAYSThe Premium Tax Credit (PTC) is a refundable tax credit which a taxpayer...
The Inflation Reduction Act, effective as of August 16, 2022 and pending further IRS guidance, introduces additional requirements for federal tax credit eligibility. This information does not constitute tax or legal advice. 177. Reservation does not guarantee vehicle delivery nor priorit...