UPDATES TO FAQs ABOUT THE PREMIUM TAX CREDIT: 2024
The IRS Fact Sheet, released February 9, 2024, updates several questions regarding eligibility, employer coverage affordability, reporting, claiming and reconciling FAQs and updated unemployment compensation.
The revisions and additions are as follows:
- Updated Eligibility FAQs: Q5, Q7, Q8, Q9
- New section: Affordability of employer coverage for employees and for family members of employees
- Updated: Q11, Q15, Q18
- Added: Q12, Q13, Q14, Q22
- Updated Reporting, Claiming and Reconciling FAQs: Q30
- Updated Unemployment Compensation 2020 and 2021 FAQs: Q45
The complete listing of FAQs and current changes is available here.
