Are you eligible for a tax credit to help pay for health insurance premiums? The Affordable Care Act provides for such tax credits for millions of people, yet many still may not be aware that they're candidates for the subsidy. It may surprise you to find that a household of five people with modified adjusted gross income of $110,000 may still be eligible.
Consumer Reports' new, interactive Health Tax Credit Tool has recently been introduced to help consumers find out whether they're eligible for help. You'll have to answer a few quick questions about whether you currently get Medicaid, whether your employer offers insurance to employees, your state of residence, and family size. Click on the green arrows wherever you see them; they'll link to pages with more information and guidance that might help you save money covering your family.
Some things to know:
—Tobie Stanger and Nancy Metcalf
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