Multiple Choice
Which of the following statements is incorrect regarding qualifying criteria for the health insurance premium tax credit?
A) The insurance policy must be purchased directly from an insurance company.
B) Household income must be below designated levels.
C) The taxpayer cannot have access to affordable essential coverage through an employer.
D) The individual may not be eligible as a dependent of another taxpayer.
Correct Answer:

Verified
Correct Answer:
Verified
Q120: A taxpayer is calculating this year's depreciation
Q121: Mortgage interest paid on a mortgage obtained
Q122: A credit is available to encourage employers
Q123: Bob's income can vary widely from year-to-year
Q124: Jay and Cara's daughter is starting her
Q125: In computing AMTI,all of the following must
Q127: The health insurance premium assistance credit is
Q128: Which of the following statements is not
Q129: Lee and Whitney incurred qualified adoption expenses
Q130: In computing AMTI,adjustments are<br>A)limited.<br>B)added only.<br>C)subtracted only.<br>D)either added