Lulu was not eligible for health care benefits due to the part-time nature of her job, thus
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Lulu was not eligible for health care benefits due to the part-time nature of her job, thus health insurance for the Clifden household was purchased by Gregory.
- The Clifdens are not eligible for an exemption from coverage. The Clifdens purchased health insurance through the Covered California program and received the Form 1095-A. They had no other health insurance during 2019.
- Assume that the self-employed health insurance deduction is $1,424.
- The Clifdens did not claim an advance premium credit.
- Click here to access the completed Form 1095-A to use when completing Form 8962.
Table for Federal Poverty Line
Persons in Family/Household | 2019 FPL for 48 States and DC | |
1 | $12,140 | |
2 | 16,460 | |
3 | 20,780 | |
4 | 25,100 | |
5 | 29,420 | |
6 | 33,740 | |
7 | 38,060 | |
8 | 42,380 | |
Each additional person | + 4,320 | |
The household income is then expressed as a percentage of the FPL. |
Table for Repayment of the Credit Amount
Single | Taxpayers Other Than Single | |
Less than 200% | $300 | $600 |
At least 200% but less than 300% | 800 | 1,600 |
At least 300% but less than 400% | 1,325 | 2,650 |
At least 400% | No limit | No limit |
Complete Tax Form 8962 and 8995
Related Book For
Quantitative Methods for Business
ISBN: 978-0324651751
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam
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