Treasury, IRS update frequently asked questions for the Premium Tax Credit

WASHINGTON —The Internal Revenue Service today updated its frequently asked questions (FAQs) PDF for the Premium Tax Credit.

These FAQs supersede earlier FAQs that were posted in FS 2022-13 PDF on Feb. 24, 2022.

The revisions and additions are as follows:

• Updated Eligibility FAQs: Q5, Q7, Q8, Q9
• New section: Affordability of Employer Coverage for Employees and for Family Members of Employees
  • Updated: Q11, Q15, Q18
  • Added: Q12, Q13, Q14, Q22
• Updated Reporting, Claiming and Reconciling FAQs: Q30
• Updated Unemployment Compensation 2020 and 2021 FAQs: Q45

More information about reliance is available.

IRS-FAQ