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Problem ?-15 The Affordable Care Act {L0 14] Susan and Stan Collins live in Iowa, are married and have two children ages a and 10.
Problem ?-15 The Affordable Care Act {L0 14] Susan and Stan Collins live in Iowa, are married and have two children ages a and 10. In 2019, Susan's income is $41,214 and Stan's is $12,000 and both are self-employed. They also have $500 in interest income from tax exem pt bonds. 111e Collins enrolled in health insurance for all of 201? through their state exchange but did not elect to have the credit paid in advance. The 2019 Form 1095-A that the Collins received from the exchange lists the following information: Annual premiums Annual premium for the designated sifver plan in the state Federal Poverty Line for a family of four Compute the Collins' premium tax credit for 2019. Click here to access the 2019 Applicable Figure Table. Round any division to two decimal places before converting to a percent. If required. round your nal answer to the nearest dollar
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