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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.
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February 6, 2020
12:43 PM
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