Will i receive more back when i enter my marketplace insurance

bigdawg2273 · ‎January 28, 2020

SusanY1 · ‎January 28, 2020

Maybe. When you the information about your marketplace insurance plan TurboTax will reconcile the amount of premium you paid with your income and the subsidy that you already received.

If your income is less than projected when your subsidy was determined, you may receive additional funds added in the form of a credit on your tax return. If your income is higher than was projected, you may have to pay back some of the subsidy that was advanced to you throughout the year.

You can learn more about how that works here: What is the premium tax credit?

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Will i receive more back when i enter my marketplace insurance