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Fletch and Cammie Gates Are Married with Three Dependent Children

Question 19

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Fletch and Cammie Gates are married with three dependent children and household income of $52,956 in 2019. The Gates purchased health care insurance on their state's exchange for total premiums of $6,800. A designated silver plan for their family in their state costs $9,700. Calculate the Gates' premium tax credit.

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$6,745. $52,956/$29,420 = 180% of the fe...

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