Health Care Tax Credits

Under the Affordable Care Act, individuals and small businesses may qualify for tax credits on health insurance they purchase for themselves or their employees. For individuals and families, if your household's earned income is within 400 percent of the federal poverty level, you may qualify for a premium tax credit that can be applied as a subsidy to lower the cost of health insurance plans purchased from your state marketplace or exchange. Use our heath reform subsidy calculator to see if you qualify. If you own a small business of 25 or fewer employees that pays at least 50 percent of employees' health insurance premiums — and the plans are purchased through the Small Business Health Options Program Marketplace, or SHOP — your company may qualify for a Small Business Health Care Tax Credit.

Affordable Care Act Expected Contribution Table for 2014

A complete table of the contribution percentage for individuals who qualify for a premium tax credit in 2014 under the Affordable Care Act.

What Is a Premium Tax Credit?

Learn who qualifies for a premium tax credit under the Affordable Care Act and how this subsidy can be applied to your monthly health insurance premium.

How Does the Affordable Care Act Define Household Income?

What kinds of income must be included when figuring your health insurance tax credit? We explain the Affordable Care Act’s household income requirements.

How Does the Affordable Care Act Define Household Size?

Learn how many household members you can claim when calculating your premium tax credit for health insurance under the Affordable Care Act.