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Get your taxes done using TurboTax
Thank you so much for that response. I have found though, that I made a mistake when adding my daughter to our 2024 family ACA plan. It turns out that she was not eligible for this.
Thus, the 1099-A shows subsidies based on a household size of 3, whereas we are filing only 2 - my wife and I, because my daughter turns out NOT to be a dependent in 2024.
So, what I want to do, to be on the safe side, is to pay back the subsidies that were given to us for my daughter.
I am wondering how I can adjust my percentages, and hers in order to do this.
Say the three of us received $1000 in subsidies, I want to pay back $200 of it let's say. At the moment, the 1099-A and my return says we are entitled to $1000. (But that is incorrect.)
Can you advise, please?