The Premium Tax Credit,

Eligibility
You may be eligible for the credit if you meet all of the following:
•  buy health insurance through the Marketplace;
•  are ineligible for coverage through an employer or government plan;
•  are within certain income limits;
•  file a joint return, if married; and
•  cannot be claimed as a dependent by another person.
It’s your choice
If you are eligible for the credit, you can choose to:
•  Get It Now: have some or all of the estimated credit paid in advance directly to your insurance company to lower what
you pay out-of-pocket for your monthly premiums during 2014; or
•  Get It Later: wait to get the credit when you file your 2014 tax return in 2015.
Report changes in circumstances
If you receive advance payment of the premium tax credit to help pay for your insurance premiums, you should report
changes such as income or family size to your marketplace when they happen in 2014. Reporting changes will make sure
you get the correct amount of the advanced credit. Receiving too much or too little in advance can affect your refund or
balance due when you file your 2014 tax return in 2015.
Claim the credit
Whether you choose to get the credit now or later, you must claim it by filing a federal income tax return.
When you file your 2014 tax return in 2015, you will subtract the total of any advance payments you received during the year
from the amount of the premium tax credit calculated on your tax return. This may affect your tax refund or balance due. If you
are entitled to more credit than you have already received; this will either increase your refund or lower your balance due.