AnnetteB6
Expert Alumni

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.

 

@varo80 

 

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