What forms do you complete?
First of all, the people at the Marketplace, do not tell you anything. I asked them what the salary range was versus the credits so I did not get penalized. They said, oh don't worry, it's a big range. When I did my taxes on Turbo, it came up showing I owed about $8,000 to Federal Tax. That can not be right. How can they force this on a single person who made under $48,000, and how is the Marketplace calculating those credits every month. They never explained how it worked. I am so angry over this and will never use it again. All it does is benefit the government. I am hoping my tax accountant can figure out how to complete the 8952 form and does the calculations correctly. So if I took out the insurance in January 2019 and ended it on Oct 1, 2019, the income should only be up to Oct 1st, not the end of year.
