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If a taxpayer's 2021 household income of $60,000 places the taxpayer at 250% of the federal poverty level, what is the taxpayer's normal expected contribution
If a taxpayer's 2021 household income of $60,000 places the taxpayer at 250% of the federal poverty level, what is the taxpayer's normal expected contribution when calculating the refundable tax credit for which the taxpayer may be eligible in 2021 under the ACA to purchase a qualified health plan?
A) | $1,200.00 |
B) | $2,400.00 |
C) | $4,800.00 |
D) | $5,868.00 |
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