Subsidies Defined

 

 

SUBSIDIES

 

 

Subsidies defined:

• Subsidies are also called Advance Premium Tax Credit (APTC)
• These are advances on your annual tax return, not free money!
• If you report your income too low, you may be required to repay some or all of the subsidy.
• If you report your income too high, you may get additional credit on your tax return.