Wepaid for affordable care act ins.. and got a 1095 A.we got a $992 discount from turbo tax and do not uderstand how that all forks and we could owe do much back

[72valerie]

we paid $701 monthly for ACA and that is $5608 so why do we owe so much back

[tammy1thompson]

I am not sure if I am reading your question correctly, but I will answer as to what I believe you wan to know.

The advance credit you receive towards your marketplace healthcare is based on an estimate that you normally provide to the person you signed up through, it can also be based on the previous years' tax return. If you make more or less during the year than the original estimate can you can end up with more of a credit (money to you) or on the other side of the equation, end up with a bill due when you file. I hope this helps-- touch back if  I have not answered your question.