Question: Using the information in the previous question, assume that the Collins' Form 1095-A also indicated that the total advance payment of the premium tax credit

Using the information in the previous question, assume that the Collins' Form 1095-A also indicated that the total advance payment of the premium tax credit was $5,800. Calculate the excess advance premium tax credit and the repayment amount for 2015?

Step by Step Solution

3.48 Rating (171 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The maximum premium assistance is 3394 the cost of the silver plan of 10800 ... View full answer

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

Document Format (1 attachment)

Word file Icon

1018-B-A-I-T (2121).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!