If your MAGI exceeds 400% of the poverty level, on form 8962, then your contribution to your health premiums is limited to 8.5% of your income and if your have contributed less than 8.5%, then the whole advance premium has to be repaid. If you have paid more than 8,5% of your income in premiums, you get a premium tax credit to bring your contribution to 8.5% and you only repay the excess.
For years 2020 and before, if you exceed 400% then you repay the whole advance premium credit without consideration of your contribution.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
