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Instruction 1099 H Instructions for Form 1099 H, Health Coverage Tax Credit HCTC Advance Payments

Instruction 1099 H Instructions for Form 1099 H, Health Coverage Tax Credit HCTC Advance Payments

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what's up everyone welcome back to a brand new video we have a very important video here today on the cuspide insurance YouTube channel we are going to be talking about premium tax credit otherwise known as ACA subsidize I'm going to teach you about everything about how it works what happens during tax season and actually how you can use it to save money so let's talk about it all right so the first thing we want to talk about is what is premium tax credit premium tax credit is what actually makes your plan affordable so if this thing didn't exist if the government didn't give you this tax credit to help pay for your plan then you would be paying for the plan outright which could be 300 all the way to over ,000 plus dollars a month and which is ridiculous right so obviously the law introduced a premium tax credit which is a credit that helps you pay for your plan and obviously at the end of the year during tax season you're either going t

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