Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Premium Tax Credit Workout

Premium Tax Credit

Case Study 1: Household Income

David and Melinda are Married Filing Jointly taxpayers. They have one child, Philip, age 17, whom they claim as a dependent. Philip works part time and has a filing requirement. David and Melinda's household income calculation would include their modified adjusted gross income, as well as Philip's modified adjusted gross income.

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David and Melinda with their child Philip age 17.