JulieS
Expert Alumni

Get your taxes done using TurboTax

Yes, unfortunately, that is the way it works. If you make too much money to claim a Premium Tax Credit, you have to pay back the amount that was advanced to pay for your insurance. 

 

Your entire annual income is used to determine whether you qualify for the credit. This causes some unfair results such as what has happened to you. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post