No. The ACA insurance is based on income. You are able to report income changes to make adjustments to your premium tax credit as it is applied throughout the year, but it cannot be done retroactively.
Unfortunately, this one-time circumstance does affect your income on your return and will affect the income reporting on Form 8962 and the Premium Tax Credit calculation. This form reconciles the amount of the credit available to you with the amount already received as an Advance Premium Tax Credit. The result could be additional credit owed to you, or you may have to repay any amount already received in advance.
Reporting Income Changes ACA
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
