topic I used health insurance through the Health insurance marketplace from Jan1- Nov 13. I then had insurance thorough my employer. It says I owe them for this. Can you explai in Get your taxes done using TurboTax

I used health insurance through the Health insurance marketplace from Jan1- Nov 13. I then had insurance thorough my employer. It says I owe them for this. Can you explai

coltonh89 — Sat, 01 Jun 2019 03:04:49 GMT

I had insurance the entire year, just not through the marketplace the whole year. Is it correct that I owe 200 dollars because I did not use the marketplace the whole year?

Hi - It's possible. When you enter the marketplace inform...

SDBaldie — Sat, 01 Jun 2019 03:04:50 GMT

Hi - It's possible. When you enter the marketplace information into TurboTax, a reconciliation takes place to see whether you got the right amount of help to pay for health insurance (called a subsidy). The calculation uses the income that you entered into TurboTax. Generally speaking, if you made more money in 2016 than what you estimated when you signed up for the plan way back during open enrollment, you typically have to pay some of the subsidy back. Hope this helps!