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Deductions & credits
I had the same exact scenario happen last year as well but after 7 weeks of constant contact with FTB, Covered CA and an Ombudsman and no answers I contacted Call Kurtis on a local TV station and they figured out there was a glitch in the tax preparer’s system supposedly last year but this year I run into the same scenario so I paid my previous preparer to do my taxes but she says again I have to pay them back so I assumed it was a software problem again but she says not this year that I really have to pay it all back and we also made far less than projected. I will proceed with huge caution next year on Covered CA as no one truly has any answers and if I do not get a subsidy then it is actually cheaper to buy my insurance directly from Blue Shield than to get it through Covered CA which is also very wrong when you are buying it through that huge program and they add on to the actual premium price. I do not understand why I continue to be approved and eligible for the subsidy and then expected to give it back?