Question: Select the response that correctly completes the next sentence about the Affordable Care Act ( ACA ) . For 2 0 2 4 , the

Select the response that correctly completes the next sentence about the Affordable Care Act (ACA).
For 2024, the individual mandate and shared responsibility payment:
Applies to uninsured taxpayers whose modified adjusted gross income exceeds the threshold amount for their age and filing status.
Increases the amount of the Premium Tax Credit.
Applies only to nonresident aliens who received health insurance through the Marketplace.
Has been reduced to zero.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Select the response that correctly completes the next sentence about the Affordable Care Act ( ACA ) . For 2 0 2 5 , the individual mandate and shared responsibility payment: 0 Applies to uninsured...

Q:

select the response that correctly completes the next sentence about the Affordable Care Act aca. for 2 0 2 4 the individual mandate and shared responsibility payment

Q:

Question 70 of 100.Select the response that correctly completes the next sentence about the Affordable Care Act (ACA). For 2025, the individual mandate and shared responsibility payment: Applies to...

Q:

Question 8 5 of 1 0 0 . Select the response that correctly completes the next sentence about the Allordable Care Act ( ACA ) . For 2 0 2 5 . mandate and shared responsiblity payment: Apples to...

Q:

Select the response that correctly complete the next sentence with the affordable care act of 2 0 2 5 the individual mandate and share responsibility payment? A place you unsure taxpayers who...

Q:

Question 4 6 of 1 0 0 . Select the response that correctly completes the next sentence about the Affordable Care Act responsibility payment: Applies to uninsured taxpayers whose modified adjusted...

Q:

Select the response that correctly comply completes the next sentence about the affordable care act the ACA for 2 0 2 4 the individual mandate and shared responsibility payment applies to uninsured...

Q:

select the response that correctly completes the next sentence about Affordable Care Act ACAfor 2 0 2 4 the individual mandate and shared responsibility payment one applies to the uninsured taxpayer...

Q:

Evaluate the Tax Cuts and Jobs Act (TCJA) of 2017("Tax Act"). This was the last major tax legislation passed by Congress. 1. Did the Tax Act increase or decrease the deficit by approximately how...

Q:

Please complete the Internal Analysis attached at the end **USE ONLY THIS CASE STUDY. THE GRAPHS ARE ATTACHED BELOW. THIS IS ALL THE REFERENCE YOU WILL NEED TO COMPLETE THE WORKSHEET, ALSO ATTACHED....

Q:

Everyday Electronics Corporation's records for a particular period include the following: average total assets $ 760,000 average total liabilities 485.000 total revenue 200,500 Total expenses...

Q:

Camille Sikorski was divorced in 2017. She currently provides a home for her 15-year-old daughter Kaly. Kaly lived in Camilles home for the entire year, and Camille paid for all the costs of...

Q:

If Curtain Corporation issues $500,000 worth of 5%, 10-year bonds at a bond price of 96, the company will record these bonds as being issued at ____

Q:

8:37 * N. 80% i ... OBJECTIVES: Create relationships Create a Pivot Table from Related Tables Create a PivotChart Modify the PivotChart The major section in this chapter :ontinuation is: Data...