Dwayne is single with one dependent. He enrolled in a qualified plan through the Marketplace at a

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Dwayne is single with one dependent. He enrolled in a qualified plan through the Marketplace at a cost of $4,200 per year. His household income was $40,000. The SLCSP premium is $4,700. What is Dwayne’s premium tax credit?

a. $1,416

b. $3,264

c. $4,200

d. $4,700

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Fundamentals Of Taxation 2018

ISBN: 9781259713736

11th Edition

Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler

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Question Posted: Nov 19, 2018 12:46 PM

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Dwayne is single with one dependent. He enrolled in a qualified plan through the Marketplace at a

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a 1416 Dwaynes household income is 251 of the Federal Poverty Level for a ...View the full answer

Fundamentals Of Taxation 2018

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