‘‘(2) EXCESS ADVANCE PAYMENTS.— ‘‘(A) IN GENERAL.—If - TopicsExpress



          

‘‘(2) EXCESS ADVANCE PAYMENTS.— ‘‘(A) IN GENERAL.—If the advance payments to a taxpayer under section 1412 of the Patient Protection and Affordable Care Act for a taxable year exceed the credit allowed by this section (determined without regard to paragraph (1)), the tax imposed by this chapter for the taxable year shall be increased by the amount of such excess. ‘‘(B) LIMITATION ON INCREASE WHERE INCOME LESS THAN 400 PERCENT OF POVERTY LINE.— ‘‘(i) IN GENERAL.—In the case of an applicable taxpayer whose household income is less than 400 percent of the poverty line for the size of the family involved for the taxable year, the amount of
Posted on: Sat, 24 Aug 2013 06:51:36 +0000

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