If a taxpayer's 2020 household income of $60,000 places the taxpayer at 350% of the federal poverty level, what is the taxpayer's normal expected contribution when calculating the refundable tax credit for which the taxpayer may be eligible under the PPACA to purchase a qualified health plan?

The answer is $5,700.

Explanation:

With an income of $ 60,000, the tax payer is at 350% of the Federal Poverty Level or FPL, so the normal expected contribution is 9.5% of his income.

The normal expected contribution = 9.5% of his income

                                                        = 60000*9.5%

                                                        = $5,700

Therefore, The taxpayer's normal expected contribution when calculating the refundable tax credit for which the taxpayer may be eligible under the ppaca to purchase a qualified health plan is $5,700.

answer

the primary areas president johnson's great society addressed were poverty, civil rights, and health care.

explanation

the great society was a program in us which was under the president johnson lyndon .the main objective of this program was to eradicate poverty and eliminate racial discrimination. in order to implement this he set up aside funds which were sent to the communities which were struggling with poverty. these funds catered for illiteracy and unemployment.

explanation: