When you sign up for Marketplace insurance, you have the option to get assistance with the premium if you qualify based on your stated income. This assistance is treated as an advance on the Premium Tax Credit that you report on your tax return.
You may use some or all of this credit in advance to lower your monthly premium costs, leaving money in your pocket. If you use more of your premium tax credit than your final taxable income allows, you'll need to repay the difference when filing your Form 1040 at tax time. As @xmasbaby0 stated, your premium assistance is recalculated if you ended up earning more income than you reported you expected to receive when you signed up for the insurance.
TurboTax will calculate the amount of premium assistance you owe and it will appear on Form 8962. The amount to be paid back is then shown on Schedule 2, Line 2, and included together with any alternative minimum tax on Form 1040, Line 17.
See this TurboTax tips article for more information about the Premium Tax Credit and Form 8962.
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