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Level 1
June 4, 2019
Question

I had Obamacare in 2018 & my wife was awarded disability spread over several years. With increased income, I have to repay the Obamacare. Is there any way around this?

  • June 4, 2019
  • 1 reply
  • 9 views
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1 reply

June 4, 2019

No.  Your Advanced Premium Tax Credits were calculated based on the income you reported at the time you applied for Marketplace coverage.  If your income increased during the year, you needed to report it to the marketplace in order that advanced credits could be adjusted.  There are no exceptions to the need for the repayment.