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Federal Poverty Lines. For purposes of the premium tax credit, eligibility for a certain year is based on the most recently published set of poverty lines as of the first day of open enrollment for coverage for that year. As a result, the tax credit for 2021 will be based on the 2020 federal poverty lines. H-23.
You can find detailed information about the Federal poverty levels at: http://aspe.hhs.gov/poverty/. Additionally, at this site is information on research related to the definition of poverty level. Read the full answer. What are poverty thresholds?
Jan 12, 2024 · As of 2024, the annual FPL for an individual is $15,060 ($1,255 / month), and for a married couple is $20,440 ($1,703 / month). Alternatively, some states use the Federal Benefit Rate to determine income eligibility for Medicaid.
