Regarding the Premium Tax Credit - I had health insurance through Covered California for the first 4 months out of the tax year, and then once I got a job with benefits, I started recieving employer sponsored health insurance. However, even though I started recieving health insurance from my job in May, I didn't call to cancel Covered California because I assumed it would be automatically stopped. I contined to pay for Covered Cali up until August (I essentually had "double" health coverage up until then). When I recieved my 1095A, it was reflecting that I was recieving health coverage through them up until August. Therefore, it appeared that I had to pay them back even more for the discounted rates they were initially giving me. (Also keep in mind my income drastically went up when I became employed, so the amount I had to pay them back was over $2k). Even though I had a 1095-C (form showing I was recieving healthcare by my employer) to show my Tax preparer, she still had to go by what my 1095A form was showing, which signaled I was having cheap insurance provided by Covered Cali. Therefore, I got a substantiall chunk of money that was deducted from my refund ( money I had to pay back). How can this be mitigated in the future??
