Phillip and Naydeen Rivers are married with two dependent children. The family has household income of $41,200 in 2022. They paid $11,000 for health care for the year through the health care exchange. A designated silver plan would have cost $9,800, and the poverty level for a family of four is $26,500. The applicable percentage is 0.24 percent. 

What is the Rivers' premium tax credit?

Answer rating: 100% (QA)

To calculate premium tax credit for the Rivers family well follow a series of steps The premium tax ... View the full answer