Level 2

Premium Tax Credit Eligibility

Forum|Forum|4 years ago
April 5, 2022
2 replies
17 views

For tax years 2021 & 2022, ARPA temporarily expanded eligibility for the premium tax credit by eliminating the rule that a taxpayer is not allowed to take the credit if the household's income is above 400% poverty line.
Proconnect allows the credit if I input unemployment income, so there are no additional issues that would disqualify the client. I spoke with the help desk, and they concluded that it must be another requirement, but I am concerned it's a programming issue rather than a misunderstanding of tax guidance.
If anybody has any ideas, let me know what you think. Thanks!

This topic has been closed for replies.

qbteachmt

Level 15

"I spoke with the help desk, and they concluded that it must be another requirement,"

Yes; the 133% limit. Don't take tax advice from a Software help desk. Look it up, from the IRS.

Don't yell at us; we're volunteers

M

molliemm9Author

Level 2

There was no unemployment compensation so it seems to me the 133% shouldn't be relevant?

T

TaxGuyBill

Level 15

Just because the 400% cap was removed does not mean a person will automatically qualify for the credit. It is still based on a combination of income and the SLCSP. Look at the 8962 to see how the numbers work.

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