Hi,
Is there a age restriction to qualify for the Health Coverage Tax Credit.
I am doing my 2011 Federal Income Tax and Turbo tax indicated I my be
Eligible for the Health Coverage Tax Credit. I am 36 years old.
Jim
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Hi,
Is there a age restriction to qualify for the Health Coverage Tax Credit.
I am doing my 2011 Federal Income Tax and Turbo tax indicated I my be
Eligible for the Health Coverage Tax Credit. I am 36 years old.
Jim
Depemnds how you became eligible for HCTC. Those whio are eligible are:
1. Pension Benefit Guaranty Corporation (PBGC) payees who are at least 55 years old,
2. Individuals receiving a Trade Readjustment Allowance (TRA) under the Trade Adjustment Assistance (TAA) program and attending TAA-approved training, and
3. Individuals receiving a wage subsidy under the Alternative TAA (ATAA)/Reemployment Trade Adjustment Assistance (RTAA) program for older workers.
Under which of these do you qualify? People in these three groups must also meet general requirements and have a qualified health plan to receive the HCTC.
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