Lyons HR PEO

Compliance Bulletin: Premium Tax Credit Eligibility 2023 Update

Fixing the Family Glitch—Premium Tax Credit Eligibility On Oct. 11, 2022, the IRS released a final rule that changes the eligibility rules for the premium tax credit (PTC) for family members beginning with the 2023 tax year. The PTC lowers monthly premiums for eligible individuals who purchase health insurance coverage through an Exchange. Individuals are […]

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