DaveF1006
Expert Alumni

Deductions & credits

When you apply for coverage in the Health Insurance Marketplace, you estimate your expected income for the year. Your monthly premium amount is based off of that estimate. if your estimate is lower than your actual income for the year, you must pay back the excess premium amount that you would have paid off of your actual income.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"