MY WIFE WORKED AT A JOB WHERE SHE RECIEVED
INSURANCE BENIFITS AND WAGES UNTIL MAY 1,2016.
SHE THEN JOINED HEALTHCARE.GOV AND GAVE THEM
THE AMOUNTS OF HOUSEHOLD INCOME WE WOULD HAVE
GOING FORWARD. A PREMIUM TAX CREDIT WAS AFFORDED.
NOW AT THE END OF THE YEAR, MY INCOME ALSO INCLUDES
THE AMOUNT OF MONEY SHE MADE BEFORE SHE JOINED
HEALTHCARE.GOV AND WIPES OUT ALL OF THE PREMIUM
DISCOUNT. THEIR MUST BE A FORM TO PRECLUDE THOSE
WAGES. PLEASE HELP.
You'll need to sign in or create an account to connect with an expert.
That is not how the advanced premium tax credit works. It is based on full-year income, so any income your wife had during the year would be included in determining the amount of the advanced premium tax credit.
That is not how the advanced premium tax credit works. It is based on full-year income, so any income your wife had during the year would be included in determining the amount of the advanced premium tax credit.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
mapple04
New Member
mtmurray03
New Member
Tamwash
Level 1
acwellman
New Member
hshwang0126
New Member