I had coverage through the marketplace all year. (2024) My husband had coverage through employer . He lost his job in September very unexpectedly and was paid 6 months severance pay in October which would have technically been pay until the end of March this year 2025 . I reported the income to market place by upping income to the amount of severance pay divided by 3 months. When I do taxes it’s showing we have to pay a bunch back. Which we didn’t know this was going to happen. We have been living on that severance pay through this month, it was not extra income. But obviously on the w2 it looks like he made a lot more in 2024. I also had to put him on marketplace coverage because he lost his insurance. Is there anything I can do to show this situation in tax return so we don’t have to pay a crazy amount back?
