Arturo and Deena are married with two dependents. They enrolled in a qualified plan through the Marketplace at a cost of $2,700 per year. Their household income was $36,000. Their SLCSP premium is $3,600. What is their premium tax credit?
Arturo and Deena are married with two dependents. They enrolled in a qualified plan through the Marketplace at a cost of $2,700 per year. Their household income was $36,000. Their SLCSP premium is $3,600. What is their premium tax credit?
Chapter12: Tax Credits And Payments
Section: Chapter Questions
Problem 17CE
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Question
![Arturo and Deena are married with two dependents. They enrolled in a qualified plan through the Marketplace at a cost
of $2,700 per year. Their household income was $36,000. Their SLCSP premium is $3,600. What is their premium tax
credit?
Multiple Choice
$2,700.
$1,264.
$2,336.
$3,600.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7b9ef3af-1bb5-4398-94ba-7d8c1b3fd143%2Fbacbf3f9-a552-4ecb-ab9f-5f4eeaacffcf%2Ff28z70i_processed.png&w=3840&q=75)
Transcribed Image Text:Arturo and Deena are married with two dependents. They enrolled in a qualified plan through the Marketplace at a cost
of $2,700 per year. Their household income was $36,000. Their SLCSP premium is $3,600. What is their premium tax
credit?
Multiple Choice
$2,700.
$1,264.
$2,336.
$3,600.
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