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My refund is gigantic due to the premium tax credit. Will I have to pay it back next year?
I was going to have to pay close to $500 federally, but then I entered information for form 1095-A, and it raised my refund all the way to 16,000 because my income is so low, I qualify for a huge PTC. I am unclear about what would be considered “excess” and what I would have to pay back.
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October 10, 2023
4:19 PM