I don't believe there is any penalty for underestimating your income. You will, of course, have to repay the portion of the subsidy you aren't entitled to but they won't add a penalty.
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Originally Posted by rustyp
This is true. Under approx $57K joint income you can get assistance and it is substantial the less your income is below $57K. You project your income forward I.E. not based on previous tax year. Be careful if you go over your projection you can get a substantial penalty. There are ways to limit your income like home equity instead of 401K withdrawals.
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