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Get your taxes done using TurboTax
Yes, you may owe a Premium Tax Credit repayment. This would be reported on Form 8962 and would then be reported on Form 1040 Schedule 2 line 1a. Then this number will go to Form 1040 line 17.
This amount would represent a repayment of a portion of the advance premium tax credit you received.
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March 22, 2025
1:35 PM
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