RP-2024-35, table to calculate premium tax credit for calendar year 2025

Bookmark and Share IRS.gov Banner IRS GuideWire September 6, 2024 NEWS ESSENTIALS What's Hot News Releases IRS - The Basics IRS Guidance Media Contacts Facts & Figures Around The Nation e-News Subscriptions - IRS RESOURCES Contact My Local Office Filing Options Forms & Instructions Frequently Asked Questions News Taxpayer Advocate Where to File - ISSUE NUMBER:    RP-2024-35 INSIDE THIS ISSUE - Revenue Procedure 2024-35 provides the applicable percentage table in § 36B(b)(3)(A) of the Internal Revenue Code for taxable years beginning in calendar year 2024.  This table is used to calculate an individual’s premium tax credit under § 36B.  This revenue procedure also provides the indexing adjustment for the required contribution percentage in § 36B(c)(2)(C)(i)(II) for plan years beginning in calendar year 2024.  This percentage is used to determine whether an individual is eligible for affordable employer-sponsored minimum essential coverage under § 36B.   Revenue Procedure 2024-35 will be in IRB:  2024-39, dated 9/23/24. Back to Top - Thank you for subscribing to IRS GuideWire, an IRS e-mail service. If you are a Tax Professional and have a specific concern about your tax situation, call the IRS Practitioner Priority Service 1-866-860-4259. This message was distributed automatically from the IRS GuideWire mailing list. Please Do Not Reply To This Message. - Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your . You will need your email address to log in. If you have questions or problems with the subscription service, visit . This service is provided to you at no charge by the Internal Revenue Service (IRS). - This email was sent to [email protected] by: Internal Revenue Service (IRS) · Internal Revenue Service · 1111 Constitution Ave. N.W. · Washington, D.C. 20535 GovDelivery logo