Consider a person who is 50 years old, US citizen, no dependents and living in Florida. Since he is single he cannot get Medicaid. Let say his AGI is $10,000. That is below the Federal Poverty Line or FPL . I claim that he can still get an insurance subsidy through the ACA. That is consistent with what I am seeing with Turbo Tax.
However, if I change his address to New Jersey, I claim that he is eligible for Medicaid and not eligible for a subsidy. Since the data entered into Turbo Tax included a subsidy, he should have to pay that back. As such, that should significantly increase is adjustment due. It did not. Am I missing something? Does it matter if he made a good faith estimate that his income would be over the FPL?
