Updates to IRS FAQs - Premium Tax Credit

Updates to IRS FAQs about the Premium Tax Credit

February 9, 2024

FS-2024-04

This month, the IRS updated their Frequently Asked Questions document with more information about the Premium Tax Credit.

The specific revisions include:

Updated Eligibility FAQs

• Updated Question 5
• Updated Question 7
• Updated Question 8
• Updated Question 9

A New Section – Affordability of employer coverage for employees and for family members of employees

Updated Reporting, Claiming and Reconciling FAQs

• Updated Question 30 

Updated Unemployment Compensation 2020 and 2021 FAQs

• Updated Question 45

Visit the IRS website to review the document FS-2024-04 which includes more detail about the information listed above.

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