24 (0.1) For the purposes of this section, an individual’s combined income for a taxation year is the amount calculated using the formula, X + Y in which, “X” is the individual’s taxable income for the year, and “Y” is, (a) if the year ends after December 31, 2023 and section 12.1 applies to the individual for the year, the individual’s split income for the year, and (b) in any other case, nil. 2023, c. 21, Sched. 13, s. 2 (1) Liability for Ontario Health Premium (1) An individual who, in respect of a taxation year, is described in paragraph 1 or 2 of subsection 4 (1) shall pay an Ontario Health Premium for that year.  2007, c. 11, Sched. A, s. 24 (1). Calculation of Ontario Health Premium (2) An individual’s Ontario Health Premium for a taxation year is calculated using the formula in the following paragraph that applies to the individual for the year: 1. If the individual’s combined income for the year does not exceed $20,000, the individual’s Ontario Health Premium for the year is nil. 2. If the individual’s combined income for the year exceeds $20,000 but does not exceed $36,000, the individual’s Ontario Health Premium for the year is the amount calculated using the formula, 0.06 × A in which, “A” is the lesser of $5,000 and the amount of the individual’s combined income in excess of $20,000 for the year. 3. If the individual’s combined income for the year exceeds $36,000 but does not exceed $48,000, the individual’s Ontario Health Premium for the year is the amount calculated using the formula, B + (0.06 × C) in which, “B” is $300, and “C” is the lesser of $2,500 and the amount of the individual’s combined income in excess of $36,000 for the year. 4. If the individual’s combined income for the year exceeds $48,000 but does not exceed $72,000, the individual’s Ontario Health Premium for the year is the amount calculated using the formula, D + (0.25 × E) in which, “D” is $450, and “E” is the lesser of $600 and the amount of the individual’s combined income in excess of $48,000 for the year. 5. If the individual’s combined income for the year exceeds $72,000 but does not exceed $200,000, the individual’s Ontario Health Premium for the year is the amount calculated using the formula, F + (0.25 × G) in which, “F” is $600, and “G” is the lesser of $600 and the amount of the individual’s combined income in excess of $72,000 for the year. 6. If the individual’s combined income for the year exceeds $200,000, the individual’s Ontario Health Premium for the year is the amount calculated using the formula, H + (0.25 × I) in which, “H” is $750, and “I” is the lesser of $600 and the amount of the individual’s combined income in excess of $200,000 for the year. 2007, c. 11, Sched. A, s. 24 (2); 2023, c. 21, Sched. 13, s. 2 (2). Exception, trust (3) Despite subsection (1), an individual is not required to pay an Ontario Health Premium if the individual is a trust.  2007, c. 11, Sched. A, s. 24 (3). Bankruptcy (4) The following rules apply if an individual becomes a bankrupt in a calendar year: 1. The individual’s combined income for the calendar year for the purposes of this section is deemed to be the sum of all amounts, each of which is their combined income for a taxation year ending in the calendar year of bankruptcy. 2. The amount of the individual’s Ontario Health Premium is, i. for a taxation year that is deemed to end under paragraph 128 (2) (d) of the Federal Act on the day immediately before the day on which the individual became a bankrupt, the amount that would be determined under subsection (2) if the taxation year were the only taxation year of the individual ending in the calendar year, and ii. for any other taxation year ending in the calendar year, the amount calculated using the formula, J - K in which, “J” is the individual’s Ontario Health Premium determined under subsection (2) as if each reference to “taxation year” in subsections (1) and (2) were read as a reference to “calendar year”, and “K” is the amount of the individual’s Ontario Health Premium payable for the taxation year described in subparagraph i. 2023, c. 8, Sched. 9, s. 3; 2023, c. 21, Sched. 13, s. 2 (3). Exception, bankruptcy returns (4.1) If a return of income is required to be filed under paragraph 128 (2) (e) of the Federal Act for a taxation year, the amount of the Ontario Health Premium for the year under that return is deemed to be nil. 2023, c. 8, Sched. 9, s. 3. Death (5) For the purposes of this section, the combined income of an individual shall not include income that is reported in a return filed as a result of an election made under subsection 70 (2), 104 (23) or 150 (4) of the Federal Act.  2007, c. 11, Sched. A, s. 24 (5); 2023, c. 21, Sched. 13, s. 2 (4). Section Amendments with date in force (d/m/y) 2010, c. 26, Sched. 20, s. 2 (1, 2) - 08/12/2010 2023, c. 8, Sched. 9, s. 3 - 01/01/2023; 2023, c. 21, Sched. 13, s. 2 (1-4) - 04/12/2023