What is the maximum household income that can qualify for the Premium Tax Credit for a married couple with two children using a Federal poverty line of $26,200?

The Premium Tax Credit (PTC) is designed to help individuals and families afford health insurance coverage purchased through the Health Insurance Marketplace. To qualify for the PTC, a household's income must fall within a certain range relative to the Federal Poverty Level (FPL).

For tax year 2023, a married couple with two children would have a household size of four. The income thresholds for the PTC generally range from 100% to 400% of the FPL.

Using the provided Federal Poverty Line of $26,200, the calculation for the maximum household income to qualify for the PTC would be made as follows:

1. Calculate 400% of the FPL:

• 400% of $26,200 is $104,800.

This means that a married couple with two children can have a maximum household income of $104,800 to still be eligible for the Premium Tax Credit. Above this amount, they would not qualify for the credit.

The other options suggest income levels that are either too low or not reflective of the maximum allowable for 400% of the FPL, which is why they do not represent the correct maximum income threshold for the Premium Tax Credit for this household size.