Leonard
Intuit Alumni

Get your taxes done using TurboTax

Your premium tax credit is based on your income for the entire year.  When you applied for the premium tax credit you had to estimate your total income for the year.  When your tax return was filed your premium tax credit was computed on your total income, W-2s, for the year not just what your income was during your 3 month coverage period.  That is why your premium tax credit was not allowed.