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I rec'd 2016 health care subsidy. My actual income is less than I estimated, so I don't qualify for the subsidy. TT is telling me I'll get additional tax credits because my income is less, but my income is below the threshold to qualify for the subsidy.
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TurboTax is correct.
There is a special rule that if you were determined to qualify for the credit when you signed up, and you received Advance credits (column C of your 1095-A), you can still qualify for the Credit (and will actually receive a larger credit due to the lower income).
TurboTax is correct.
There is a special rule that if you were determined to qualify for the credit when you signed up, and you received Advance credits (column C of your 1095-A), you can still qualify for the Credit (and will actually receive a larger credit due to the lower income).
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