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 Form 13441 a Rev 4 Health Coverage Tax Credit HCTC Monthly Registration and Update 2021-2025

13441 2021-2025 Form

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Video instructions and help with filling out and completing Form 13441 A Rev 4 Health Coverage Tax Credit HCTC Monthly Registration And Update

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Instructions and help about irs 13441 form

health insurance subsidy premium tax credit reconciliation for 2022. how does it all work hello I'm Kevin Canales with insuremykeven.com and in 2021 the American Rescue plan changed the subsidy curve for the subsidies for health insurance that people received when they enroll any health plan through the marketplace such as Covered California and some of the changes in 2021 do not carry over into 2022 because there was no pandemic unemployment benefits and things of that nature so it's slightly simpler for 2022 but still the process is is complicated but I just wanted to take you through how it's all kind of calculated behind the scenes because most people will have a professional tax preparer do their taxes or they'll be using a computer program so first let's start with the subsidy curve that was enacted in 2021 and if you'll notice it goes down to 150 percent of the federal poverty line so this curve is based on the federal poverty leve

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