turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Health Insurance

My first attempt posted without the question. 

1. I have Obama care health plan and making about $65,000.  My concern is I have alimony that is not factored in my premium.  Will I have pay money when I file this year with a new income over $70, 000, (Alimony and job included)?

 

2. Previously I have used "0" dependents in my w2 form for work, and when I file I adjust to the number of dependents. Is this ok?  

 

 

 

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
EricE_CPA
Expert Alumni

Health Insurance

Yes, when you income goes up there's a likely-hood you will have to payback some of that Premium Tax credit.

 

To calculate the new amount use the Premium Tax Calculator in this link Premium Tax Credit calculator 

 

Compare the newly calculated Premium Tax Credit and compare to current Premium Tax Credit.  The difference will be an approximate amount you will need to payback

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies