Tax Credits For New York Families
Over 1 million uninsured New Yorkers could be eligible for tax credits next year. A report by Families USA says the tax credits for New Yorkers with incomes between 138% to 400% of the federal poverty guidelines, will go directly to their health plan, offsetting total premiums. A family of four with income up to $94,000.00 would be eligible. New York is establishing a health insurance marketplace called an exchange and has an estimated 2.7 million uninsured among some 19 million residents.