WebUse the Health Coverage Tax Tool when it’s available later in January to find the premium for the second lowest cost Silver plan (SLCSP) that applied to you for 2024. (If you paid full price, this information won’t appear on your 1095-A.) Use this SLCSP figure to fill out Form 8962, Premium Tax Credit (PDF, 110 KB). WebJan 13, 2024 · SLCSP stands for Second Lowest Cost Silver Plan, which is the second-lowest priced health insurance plan in the Silver category that was available when you applied for insurance at Healthcare.gov or your state's Health Insurance Marketplace.. It's the standard used to calculate your Premium Tax Credit, even if you're on a different plan.. …
Second Lowest Cost Silver Plan (SLCSP) - Health Insurance - Pretected
WebTitle: 2024 Second Lowest Cost Silver Plan Costs Author: alexander.alonso3 Keywords: 2024 Second Lowest Cost, Silver Plan, Second Lowest Cost Created Date WebOct 30, 2024 · You don’t actually have to buy the SLCSP in order to use the premium tax credit; you can apply the premium tax credit to a plan from any metal tier. Example: Let’s say your state decides that an individual with an income of $35,000 shouldn’t have to spend any more than 8% of their income on insurance premiums. That translates to $2,800 in ... power apps dynamic data source
Second lowest cost Silver plan (SLCSP) - Glossary
WebSecond Lowest Cost Silver Plan Calculator Step 1 Your Information Step 2 Calculate Step 3 Results If you received a 1095-A from DC Health Link that did not include the monthly premium amount for the Second Lowest Cost Silver Plan (SLCSP), the calculator below will help you get these values. Family Member 1 FIRST NAME DATE OF BIRTH WebIf you aren't eligible for PTC, this explains why the SLCSP premium is $0. i am a US citizen and had no employer coverage. the income cap for the premium tax credit was lifted for 2024. the SLSCP is an objective value, like the price of a barrel of gas or a loaf of bread. my eligibity or ineligibility for the PTC has no bearing on the SLSCP ... WebAnswer. In some cases the amount of the Second Lowest Cost Silver Plan (SLCSP) on a 1095-A may be incorrect, you can find the correct SLCSP here. If you are filing without the SLCSP information then your premium tax credit amount won't come out right on your Premium Tax Credit 8962 form. You can amend your return or take a number of other … tower for ham radio antenna