If i had aca and became ineligible at end of year do I have to umburse for whole year or only months after i became ineligible
Premium Tax Credits are determined on Form 8962 an annual basis on annual income (AGI), not monthly income. If your AGI puts you above 400% of the federal poverty limit, you are not eligible for any PTCs for the year and you must repay all PTCs.
If i had aca and became ineligible at end of year do I have to umburse for whole year or only months after i became ineligible
Premium Tax Credits are determined on Form 8962 an annual basis on annual income (AGI), not monthly income. If your AGI puts you above 400% of the federal poverty limit, you are not eligible for any PTCs for the year and you must repay all PTCs.
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