ACA Health Insurance Subsidy Calculator — Find Your Premium Tax Credit
Estimate your Affordable Care Act premium tax credit based on income and household size.
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Your Results
Estimated Monthly Subsidy
$467
Annual Subsidy
$5,604
Your Max Contribution
$183/mo
FPL %
269%
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How This Calculator Works
APTC = Benchmark plan premium - Max required contribution. Max contribution = MAGI × contribution % based on FPL. FPL % = MAGI / Federal Poverty Level for your household size.
Frequently Asked Questions
Individuals earning 100-400% of Federal Poverty Level. With enhanced subsidies (2024): even above 400% FPL qualify if premiums exceed 8.5% of income.
Varies by state, age, and plan. At $50K single: benchmark premium capped at 8.5% of income (~$354/month). Subsidy covers the rest of the benchmark plan cost.
Modified Adjusted Gross Income (MAGI): wages, self-employment, investments, rental income. Social Security may count. Pre-tax 401k contributions reduce MAGI.
Only if employer coverage is deemed unaffordable (>9.02% of household income for employee-only coverage) or doesn't meet minimum value standards.
You repay the excess subsidy when you file taxes. In 2024, repayment caps apply. Underestimating income significantly can result in large tax bills.
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Calculations are for educational purposes only. Consult a qualified financial advisor for personalized advice.