United States
"Advance Premium Tax Credit (APTC)"

The Advanced Premium Tax Credit is a federal tax credit to lower your monthly health insurance premium, when you buy health insurance coverage through the Marketplace.

What is Advanced Premium Tax Credit ?

How Advanced Premium Tax Credit Works ?

Your APTC for a certain year is the amount of your premium tax credit that you elect to have the marketplace pay directly to your insurer every month in a given calendar year.

Who is Eligible for Advance Premium Tax Credit ?

To qualify for the APTC, you have to buy health insurance through the marketplace and you are ineligible for government program or employer-sponsored health insurance 


Income Limits for Advanced Premium Tax Credit

To qualify for the advanced premium tax credit, your modified adjusted gross income (AGI) must between the range of 100% and 400% of the federal poverty level.

How Much is the Advance Premium Tax Credit ?

APTC amount is based on the income estimate and household information you put on your Marketplace application. You can then choose how much of that to take in advance.

Repayment of Advanced Premium Tax Credit

When you reconcile the numbers on your tax return, your advance premium tax credit exceeds your actual premium tax credit amount, you must repay that excess portion. 

Those who make more will receive a smaller credit and a smaller monthly discount, while those with less income will receive larger credits and a larger discount on healthcare premiums. 

How to Claim the Advance Premium Tax Credit ?

click here to claim

To get APTC, you'll need to fill out an application on Health Insurance Marketplace. Then you'll get an estimate of the amount of credit.