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Get your taxes done using TurboTax
If it does not show anything in column C, you did not get the Advanced Premium Tax Credit. This is reported in Column C.
No. You cannot get the credit based on what you expected. The Advanced Credit is given based on your expected income. However, when you file your taxes you reconcile the credit you received in Column C with what you are actually entitled to. If you are entitled to more, then you would have a refund. If you are entitled to less, then if you received some, then you would have to pay back the extra you received that you were not entitled to.
If you received nothing and your income leaves you entitled to nothing, then you would not get a credit, nor would you have to pay it back.
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March 31, 2025
10:12 AM