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For tax years 2021 & 2022, ARPA temporarily expanded eligibility for the premium tax credit by eliminating the rule that a taxpayer is not allowed to take the credit if the household's income is above 400% poverty line.
Proconnect allows the credit if I input unemployment income, so there are no additional issues that would disqualify the client. I spoke with the help desk, and they concluded that it must be another requirement, but I am concerned it's a programming issue rather than a misunderstanding of tax guidance.
If anybody has any ideas, let me know what you think. Thanks!
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"I spoke with the help desk, and they concluded that it must be another requirement,"
Yes; the 133% limit. Don't take tax advice from a Software help desk. Look it up, from the IRS.
Don't yell at us; we're volunteers
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There was no unemployment compensation so it seems to me the 133% shouldn't be relevant?
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Just because the 400% cap was removed does not mean a person will automatically qualify for the credit. It is still based on a combination of income and the SLCSP. Look at the 8962 to see how the numbers work.
