The discounts you received were based on your estimates when you enrolled. If your actual situation turns out to be different from your estimates, you may need to re-pay premium tax credits that you did not qualify for.
If you benefit from advance payments of the premium tax credit, it is important to report life changes to the Marketplace as they happen throughout the year.
Certain changes to your household, income or family size may affect the amount of your premium tax credit. These changes can alter your tax refund, or cause you to owe tax. Reporting these changes promptly will help you get the proper type and amount of financial assistance. For more information, see the Changes in Circumstances section of our Claiming the Credit and Reconciling Advance Credit Payments page.
I am having the same question doing my daughter's taxes. It says her income is 213% of the poverty line, which means she should be eligible for the tax credit, but in the summary after filling in the 1095-A it says:
Premium Tax Credit $0
How much you qualify for $1,827
Minus how much you got in advance as a discount $1,946
How much of the difference you have to pay back $119
Actual amount you have to pay back $119
However, as I was entering column C on the 8962 it deducted her Monthly Advance Payment of Premium Tax Credit amount from her Federal Return amount. We started with $1,933 and ended with -$13. That looks more like it was a loan! I feel like we've entered something wrong, but I'm not sure what to do. She normally gets back almost everything she has paid in, and this time she has to pay.
Column C is an advance on the Premium Tax Credit. So, if she received more advance payments than she qualified for, the excess is repaid on her tax return.
Certain changes to your household, income or family size may affect the amount of your premium tax credit. These changes can alter your tax refund, or cause you to owe tax. Reporting these changes promptly will help you get the proper type and amount of financial assistance. For more information, see the Changes in Circumstances section of the IRS's Claiming the Credit and Reconciling Advance Credit Payments page.