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Young Widower
Level 1
June 23, 2020

Overpaid Marketplace

  • June 23, 2020
  • 2 replies
  • 3 views

Early 2019 — Fairly estimated income of 100%—400% of poverty level to qualify for subsidies. Never panned out. Medical condition went south. Wildly overpaid for the year. None of the subsidy has to be repaid, but is a refund possible? One certainly has to pay if UNDER-estimating income.

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    2 replies

    Just-Lisa-Now-
    Just-Lisa-Now-Intuit Community Champion
    Intuit Community Champion
    June 23, 2020

    If your income was lower than anticipated, and additional APTC is due to you, it will be figured on the tax return once you've entered your 1095A along with the rest of your income/deductions.

    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
      qbteachmt
      qbteachmt
      Level 15
      June 23, 2020

      You seem to be lost on the internet.

      You’ve come to a Peer User community for Intuit Tax Preparation products supporting tax preparation professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.

      Thanks,

       

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