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Health Insurance & Tax Credits: What to do at Tax Time

More than 7 million people buy their own health insurance through the new Affordable Care Act (ACA) Marketplaces. Most of them qualify for premium assistance. Known as “premium tax credits,” premium assistance helps people pay their monthly premiums. If you are one of the millions who qualify for premium tax credits, or if you are assisting such a person, read this FAQ to find out what this will mean for you at tax time.

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