What is my Premium Tax Credit for ACA coverage in 2025?
Estimate your 2025 or 2026 Premium Tax Credit by entering household income, size, and benchmark plan costs. The tool applies ACA income percentage rules to approximate eligibility and the credit amount used to reduce monthly premiums.
How this calculation works
- Uses household size and income to estimate the applicable ACA percentage.
- Applies the benchmark plan cost to estimate credit eligibility.
- Shows an estimated annual credit amount for comparison.
Common mistakes and caveats
- Marketplace plan availability and pricing vary by location.
- Actual credits reconcile at filing and may differ from estimates.
FAQ
Is the Premium Tax Credit based on income?
Yes. Household income relative to the federal poverty line determines eligibility.
TaxGuide Pro provides free state and federal tax calculators for individuals, freelancers, and small businesses.