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Calcimator

ACA Subsidy Calculator

Estimate your Affordable Care Act premium tax credit based on household income and family size. Uses 2024 Federal Poverty Level guidelines and enhanced subsidy rates.

Inputs

$
$

Results

Monthly Premium Tax Credit

$516.67

Your Monthly Premium

$83.33

Annual Tax Credit$6,200
% of Federal Poverty Level194%
Expected Contribution Rate2%
Your Expected Monthly Share$83.33
Subsidy EligibleYes
Age Rating Factor1.88x
Unsubsidized Premium$600
How to Use This Calculator
  1. Enter your household's Modified Adjusted Gross Income (MAGI) in 'Annual Household Income'.
  2. Set 'Household Size' to the number of people in your tax household, including dependents.
  3. Look up the second-lowest-cost Silver plan premium on healthcare.gov for your area and enter it.
  4. Enter the age of the oldest household member applying for coverage.
  5. Review the Monthly Premium Tax Credit and Your Monthly Premium to estimate net cost.
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