https://ttlc.intuit.com/community/taxes/discussion/i-received-obamacare-in-2016-and-incorrectly-estimated-my-income-why-do-i-have-to-pay-all-of-that/01/450259#M185048 Shouldn't I pay back only the difference between my income and may estimated income? Tue, 04 Jun 2019 22:54:20 GMT lhoadley1 2019-06-04T22:54:20Z https://ttlc.intuit.com/community/taxes/discussion/i-received-obamacare-in-2016-and-incorrectly-estimated-my-income-why-do-i-have-to-pay-all-of-that/01/450259#M185048 Shouldn't I pay back only the difference between my income and may estimated income? Tue, 04 Jun 2019 22:54:20 GMT https://ttlc.intuit.com/community/taxes/discussion/i-received-obamacare-in-2016-and-incorrectly-estimated-my-income-why-do-i-have-to-pay-all-of-that/01/450259#M185048 lhoadley1 2019-06-04T22:54:20Z https://ttlc.intuit.com/community/taxes/discussion/the-allowable-premium-tax-credit-for-your-obamacare-insur/01/450265#M185052 <P>The allowable Premium Tax Credit&nbsp;for your Obamacare insurance is calculated based upon <B>a percentage of your actual income for the entire year.</B></P><P>If, for instance, you only had Obamacare for 6 months, and you weren't far off in estimating your income, but then you got insurance through your new job, you could end up owing everything back.</P><P>This is particularly painful for people who were out of work when they got their insurance, and then got a new job. It's one of the flaws of the law as currently written.<BR /></P> Tue, 04 Jun 2019 22:54:22 GMT https://ttlc.intuit.com/community/taxes/discussion/the-allowable-premium-tax-credit-for-your-obamacare-insur/01/450265#M185052 MiriamF 2019-06-04T22:54:22Z