A taxpayer eligible for and choosing the Advance Premium Tax Credit must do which of the following regarding the filing of a tax return?

When a taxpayer is eligible for and opts to use the Advance Premium Tax Credit, there is a requirement to file a tax return regardless of other circumstances. This is because the Advance Premium Tax Credit is designed to help lower the cost of health insurance purchased through the Health Insurance Marketplace. To reconcile the amount of premium tax credit received in advance with the taxpayer's actual income for the year, a tax return is necessary.

By filing the return, the taxpayer reports their annual income and calculates the appropriate amount of premium tax credit they are entitled to based on their actual circumstances. If the taxpayer's actual income differs from what was estimated, the return will determine if they receive a refund or if they owe additional taxes. This mechanism ensures that the premium tax credits are distributed fairly based on actual income levels. Therefore, it's essential for anyone who has enrolled in a health plan with this credit to file a tax return to accurately report and reconcile their eligibility.