- 8,448
Since millions of people lose their jobs, or experience other unfortunate circumstances that reduce their income, is it prudent for (almost) everyone who is +400% of the Federal Poverty Level set up a Marketplace account and be issued the Subsidy/APTC Determination letter?
Would this be all that's needed to claim the Advance Premium Tax Credit at tax filing time, if one's income falls below 400% of FPL after purchasing an Off-Exchange Qualified Health Plan?
Some have said (here in the forum) that the QHPlan MUST be purchased at healthcare.gov to qualify for claiming the APTC at a future date. But when you're on healthcare.gov and you click on the "Return to Issuer Website" to purchase a plan, you're not buying your QHP inside the Marketplace.
Therefore it seems to me that what makes you qualified for potentially claiming the Advance Premium Tax Credit on your tax return is the fact that you registered with the Marketplace and clicked through to the point of generating the eligibility letter. Is this a correct assumption?
-Allen
Would this be all that's needed to claim the Advance Premium Tax Credit at tax filing time, if one's income falls below 400% of FPL after purchasing an Off-Exchange Qualified Health Plan?
Some have said (here in the forum) that the QHPlan MUST be purchased at healthcare.gov to qualify for claiming the APTC at a future date. But when you're on healthcare.gov and you click on the "Return to Issuer Website" to purchase a plan, you're not buying your QHP inside the Marketplace.
Therefore it seems to me that what makes you qualified for potentially claiming the Advance Premium Tax Credit on your tax return is the fact that you registered with the Marketplace and clicked through to the point of generating the eligibility letter. Is this a correct assumption?
-Allen