Exam term
Advance premium tax credit
The credit taken in advance, estimated from projected income and paid by the Treasury to the insurer each month. At tax time it is reconciled with the actual credit; any excess is added to the tax owed.
Exam term
The credit taken in advance, estimated from projected income and paid by the Treasury to the insurer each month. At tax time it is reconciled with the actual credit; any excess is added to the tax owed.