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JERSYGRL40
New Member

IF MY INCOME IS BETWEEN 24,000 AND 36,000 I SHOULD NOT HAVE TO PAY BACK MORE THAN 750 FOR THE HEALTHCARE TAX CREDIT. IT SAYS I HAVE TO PAY BACK 775, WHY?

 
2 Replies
SweetieJean
Level 15

IF MY INCOME IS BETWEEN 24,000 AND 36,000 I SHOULD NOT HAVE TO PAY BACK MORE THAN 750 FOR THE HEALTHCARE TAX CREDIT. IT SAYS I HAVE TO PAY BACK 775, WHY?

It's $775;  not sure where you are getting $750.

https://obamacarefacts.com/advanced-tax-credit-repayment-limits/

SweetieJean
Level 15

IF MY INCOME IS BETWEEN 24,000 AND 36,000 I SHOULD NOT HAVE TO PAY BACK MORE THAN 750 FOR THE HEALTHCARE TAX CREDIT. IT SAYS I HAVE TO PAY BACK 775, WHY?

$775 is the figure for tax year 2018. You might have been looking at a prior year.
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