$3,500 Mark for follow up Question 31 of 40. When both the self -employed health

Question

$3,500 Mark for follow up Question 31 of 40. When both the self -employed health insurance deduction and the Premium Tax C Why does this orcance deduction and the Premium Tax Credit (PTC) ars on s roturn a oncua Premium Tax Credit Because of the adjustment to a taxpayer is not allowed to claim both the selt-employed heaith insuranoe ncome for the self-emplayed healith insurance, modiftied AGI is affected. The Premium Tax the self-employed calculation is not affected by changes to modified AGI so the PTC will remain the sa d. The Premium Tax modified AGI is affecte Because of the adjustment to income for the seif-employed health insurance, e the seilf-employed health insurance se Credit calculation is affected by changes to modified AGI which would then further change deduction O Credit of the adjustment to income for the self-employed healith insurance, AGI is affected. The Premium Tax Credi on is affected by changes to AGI which would then further change the self-employed health insurance deductlion. Mark for follow up Question 32 of 40.

Explanation / Answer

Because of the adjustment to income for the self emoployed health insurance, AGI is affected.The premium tax credit calculation is affected by changes to AGI which would then further change the self employed health insurance deuction

Related Questions

Navigate

• Browse (All)
• Browse #
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.