Final regulations clarify that the premium tax credit isn’t affected by the suspended personal exemption. The IRS has issued an advance copy of final regs stating that the reduction of the personal exemption deduction to zero for tax years beginning after Dec. 31, 2017, and before Jan. 1, 2026, doesn’t have an effect on an individual taxpayer’s ability to claim the premium tax credit. A premium tax credit generally is available to eligible individuals enrolled in qualified health plans. The tax code includes rules that apply based on whether a taxpayer claims a personal exemption deduction. These rules affect eligibility for, among other things, the premium tax credit.