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Deductions & credits
Per IRS tax rules, the premium tax credit (PTC) is based on your annual income. It is not prorated.
At tax time, your PTC is calculated on your reported final yearly income for 2022 not what you estimated.
If your final yearly income is greater than what you estimated, you may need to pay back some or all of your credit on your tax return.
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‎February 14, 2023
10:32 AM