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marketplace tax credit
so I did not get insurance through marketplace until May 1 for turning 26 and filled out the application and was told I would get a certain amount of credit. Now when I get my tax form the numbers do not work out because I only paid premiums for 8 months out of 12 so it Is saying I can afford to pay that much for the whole year and have to pay back the credit. my income Is very close to what I applied to so should they not realize this when people are applying for the insurance not at the beginning of the year. So it cannot be prorated based on just the amount of months I needed the insurance?
March 15, 2025
8:06 PM