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Form 14117 (January 2010) Department of the Treasury Internal Revenue Service OMB Number CTC Family Member Registration 1545-2162 Family members of CTC eligible individuals may receive the CTC for
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The HCTC refers to the Health Coverage Tax Credit, which is a federal program that helps certain individuals and families pay for health insurance premiums.
Individuals who are eligible for the Health Coverage Tax Credit, such as those who are receiving Trade Adjustment Assistance (TAA) or who are retired from the Pension Benefit Guaranty Corporation (PBGC), are required to file for the HCTC.
To fill out the HCTC, individuals must complete IRS Form 8885, providing their personal information, health insurance provider details, and the amount of premium paid for coverage.
The purpose of the HCTC is to provide financial assistance to eligible individuals to help them afford health insurance premiums, thereby promoting access to healthcare.
Individuals must report their personal details, the name and address of their health insurance provider, the premium amounts paid, and any other required information on IRS Form 8885.
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