TaxPlace: Another Federal Court Weighs in on the Legality of the Federal Exchange Premium Tax Credit

October 2, 2014

Roger A. McEowen

Another federal court has ruled that persons purchasing health insurance through a federal exchange are not entitled to receive a premium tax credit under the Affordable Care Act (the Act). On September 30, 2014, an Oklahoma federal court said that the IRS regulation illegally expanded the availability of the credit to persons not entitled to it under the Act’s plain language. State of Oklahoma v. Burwell, No. CIV-11-30-RAW (E.D. Okla. Sept. 30, 2014).

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