The Obamacare limits vary by household size, but a single person with a 2015 annual income below $46,680 may qualify for the credit, according to Nolo. For a family of four, the limit is $95,400.
Residents who already have insurance through an employer or spouse’s employer do not qualify for the Affordable Care Act credit unless the employer pays less than 60 percent of the cost of the plan. If the employee must pay more than 9.5 percent of his income for his portion of the health plan, he qualifies for the credit, reports Nolo. Those who qualify should apply through their state health insurance exchange.