JotikaT2
Employee Tax Expert

Get your taxes done using TurboTax

It depends.

 

If you had a refund from your premium tax credit, and you entered this information into TurboTax when preparing your tax return, the refund will be reflected on Schedule 3 of your 1040 return and included in the overall refund as shown on your income tax return.

 

If you had excess advance credit payments, the excess credit is added to your tax liability and would be included on Schedule 2 of your 1040 return.  

 

Premium tax credit

 

You would not be getting any other money back as your income tax return would already reflect the net amount of your Premium Tax Credit.

 

What is the Premium Tax Credit

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