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ACA Refund below poverty threshold
2021 took the year off to do a masters. Signed up for ACA but subsidy was $0 as I expected next to zero income for the year. Such low incomes are expected to file for Medicaid, but I do not qualify. So I just paid the full premium anticipating a significant refund at tax time
Got the 2021 1095-T which shows premium with no subsidy and an income at 72% of the poverty level. I enter the values in Turbo Tax and it makes the same mistake as ACA, saying $0 was the appropriate credit.
Anyone had the same issue?
March 28, 2022
12:52 PM