FederalTax Credits

Premium Tax Credit (PTC)

Refundable tax credit that helps cover ACA marketplace health insurance premiums.

About This Program

The Premium Tax Credit is a refundable federal tax credit that helps eligible individuals and families pay for health insurance purchased through the ACA Marketplace. You can take it in advance to lower monthly premiums or claim it when you file your tax return.

Eligibility Requirements

Income100-400% FPL (enhanced subsidies available above 400%)
OtherEnrolled in a Marketplace health plan
OtherNot eligible for other qualifying coverage (e.g., employer plan, Medicare)

Eligibility requirements may have changed. Verify at the official source before applying.

Benefit Amount

Varies — average savings of $536/mo (2024)

Apply Now →