Hi
I have to pay some money back from last year, because my income was more than the estimated income I had quoted according to my income when I took the health insurance last year.
Does premium tax forgiveness mean that I would not have to pay back that amount?
Also, I had not received any unemployment benefits last year. though I did not have a job for those two months I took the insurance from marketplace. I receiving unemployment benefits necessary to have for IRS to forgive my premium tax credit?
Could you please let me know more details about what is the law IRS has passed, and what is expected under it? More clarity would help.
Thank you
