Advance vs. actual
At enrollment you estimate income; the Marketplace pays advance credits to the insurer to reduce your monthly premium. At tax time, actual income determines the credit you're entitled to. The difference flows to your return, either additional refund or amount owed.
What triggers repayment
Income higher than estimated. Repayment caps protect lower-income filers; higher earners repay in full. Above 400% of poverty line, the entire advance credit may need repayment.
Have a specific situation?
Call the office and a human answers.
Common questions
- What if my Marketplace 1095-A is wrong?
- Request a corrected 1095-A from the Marketplace before filing. Filing with wrong info creates mismatches that delay refunds.