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Thread: Health Insurance for those under 65
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Old 11-20-2022, 08:02 PM
kkingston57 kkingston57 is offline
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Quote:
Originally Posted by PoolBrews View Post
It's not a penalty, you just have to return the difference. i.e. if you claim a certain income and it says you get $1,700/month in credits, and then at the end of the year your income was higher so the credit should have been $1,600/month, you have to pay the $1,200 ($100 x 12) back when filling out taxes.
Agree 100%. Last year I had capital gains which pushed my premum up $800 a month since I did not anticipate high capital gains in 2021 and instead of getting an IRS check, I sent them a check.