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Advanced Premium Tax CreditA tax credit that can help you afford coverage on individual, qualified Marketplace plans. Sometimes known as APTC, “advance payments of the premium tax credit”, or premium tax credit. Unlike tax credits you claim when you file taxes, these tax credits can be used right away to lower your monthly premium costs. If you qualify, you may choose how mu [..]
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Advanced Premium Tax CreditThe Affordable Care Act provides a new tax credit to help you afford health coverage purchased through the Health Insurance Marketplace. Advance payments of the tax credit can be used right away to lower your monthly premium costs. If you qualify, you may choose how much advance credit payments to apply to your premiums each month, up to a maximum [..]
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