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Covered CA

Is there a minimum payment after subsidy?

In certain instances, the credit amount may cover the entire premium and the taxpayer pays $1 towards the premium.  In other instances, the taxpayer may be required to pay part or all of the premium.  The amount of the tax credit will vary from person to person depending on the household income of the taxpayer (and dependents), the premium for the exchange plan in which the taxpayer (and dependents) is (are) enrolled, and other factors.