Hi this is what I read in a Forbes new article (and from other sites as well):
One challenge of the ACA subsidies has been the form: premium tax credits are based on estimated income and reconciled via income tax filing. People who end the year having earned more than they expected need to repay all or part of that premium reduction. The new legislation waives repayment for people who received more subsidies than they should have due to underestimating their 2020 income. Am I not seeing the whole picture in this or is this not represented correctly?
thanks,
dave
