MarilynG1
Expert Alumni

Get your taxes done using TurboTax

The calculation for the Premium Tax Credit on Form 8962 uses your income from the entire year, so it's not looking at just what you earned while you were on the plan. 

 

If your total income exceeds what you estimated in your Marketplace application, you may need to repay some of your Advance Premium.

 

There is a limit to the amount you need to repay, though.  Check the calculations on Form 8962.

 

Click this link for more info on Premium Tax Credit.

 

 

 

 

 

 

 

 

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