Rev. Proc. 2024-35: Premium tax credit percentage table for 2025
Rev. Proc. 2024-35 provides the applicable percentage table used to calculate an individual’s premium tax credit under section 36B for tax years beginning in calendar year 2025.
The IRS today released an advance version of Rev. Proc. 2024-35 that provides the applicable percentage table used to calculate an individual’s premium tax credit under section 36B for tax years beginning in calendar year 2025.
Rev. Proc. 2024-35 also provides the indexing adjustment for the required contribution percentage used to determine whether an individual is eligible for affordable employer-sponsored minimum essential coverage under section 36B for plan years beginning in calendar year 2025.