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To: Kaslin

I heard that those who received Obamacare subsidies will be taxed on them. A lot of people are gonna be shocked at tax time.


4 posted on 01/11/2015 8:08:21 AM PST by ilovesarah2012
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To: ilovesarah2012

There is a reconciliation process for those who got a prepaid credit on their insurance. Depending on the accuracy of their income projection, it might result in their getting more back, or less. They may be surprised, however, to need to show monthly coverage for everyone in their tax household - a term that didn’t use to exist.


8 posted on 01/11/2015 8:13:09 AM PST by Mr Rogers (Can you remember what America was like in 2004?)
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