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Obamacare for tax year 2020
I have Obamacare Health Insurance. If I cancel my policy will I have to pay back the subsidies I have used?
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May 28, 2020
8:10 AM
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Get your taxes done using TurboTax
Not necessarily. At the beginning of 2021, you will receive form 1095-A which you ust report on your 2020 tax return. Whether you have repay the Advance premium tax credit (APTC) depends on your 2020 Adjusted Gross Income (AGI).
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May 28, 2020
8:27 AM
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