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8) Roger receives $2.300 in APTC payments for the year. He is single with no dependents. When he files his tar recur,Fo 8962 caiculates his
8) Roger receives $2.300 in APTC payments for the year. He is single with no dependents. When he files his tar recur,Fo 8962 caiculates his actual PTC is S 1,000. His household income is over 300% of the federal poverty line but under 40096 How much of the excess APTC will need tn be repaid? a) so b) $500 c) $1,275 d) $1.300 For questlons 9-13, determine whleds heaith cuverage exemption a taxp ayer ca claim or if they have to pay the shared responsiility paymesr (penalty) Kimberly is 35, has an AGI of 537,000. She did not have MEC January 1 - February 13h and then had coverage through her employer from Febeuary 14- November 3nd, Her premiums daring that time were $125 par moath a) Kimberly can edais the Short Coverage Gap exemption for both gaps during 9) the year b] Kimberly can claim the Short Coverage Gap exemption for one gap duning the year but would need to pay the penalty for the other gap c) Kimberhy can claim the General Hardship exemption. d] Kimberly does net qualify for an exemption and must pay the penalty 10) Darien and Zoey, both 42 in 2016, lived in Calarado foe the year and ane married filing a joint return. In 2016 they bad a combined income of $18,300. Nwither bad health Insaranoe at any time during the year a] They can claim the Income Below the Filing Threshold exemption b] They can clalm the Coverage Considered Umaffordable exemptions. c) They can claim the Resident of a State that Did Not Expand Medicaid exemption d) They do not quallty for an exemption and mast pay the panalty 11)Gll is 21 and currently going to school a a local community cellege im Colorada. Three years ago be was granted Deferred Action for Childhood Arrivals (DACA) status and was given a social security card with a stamp at the top that says Valid for work only with DHS authorization. He is filing single and made $11,160 during the year. Nobody can daim him as a dependent Gil dld not have health coverage for the entire year Page 2 Tax Helo Colorado 2017 Affordable Care Act Exercise
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