IRS Proposes Rules to Limit Health Premium Tax Credit for Immigrants

The Internal Revenue Service proposed rules to block or limit immigrants from accessing the health insurance premium tax credit.

The proposal applies to immigrants seeking the premium tax credit for health insurance coverage.

The proposed rules were reported by Law360, Bloomberg Tax, and Bloomberg Law News.

The IRS plans to bar immigrants from the health insurance tax credit.

The measure is a proposed rule and has not taken effect.

Immigrants purchasing health insurance who seek the premium tax credit would be subject to the restrictions if the Internal Revenue Service rule is finalized.