Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

hich of the following situations will disqualify a single individual from claiming the Premium Tax Credit? A. Marriage to an individual enrolled in a qualified health plan B. Increase in household income to 390% of the Federal poverty line C. Inheritance of $1,100,000 non-income producing vacation home D. Becoming eligible as a dependent on his or her parent's joint tax return

Sagot :

Answer:

D. Becoming eligible as a dependent on his or her parent's joint tax return

Explanation:

In the case when the individual is disqualify from claiming the premium tax credit at the time when it become eligible as a dependent based on joint tax return of his or her parent

So this is the case when a single individual disqualify from the tax credit

Therefore as per the given situtation, the option d is correct

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.