Announcement

Collapse
No announcement yet.

Does this sound right?

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
    #1

    Does this sound right?

    Client went on the marketplace to get insurance. got a PTC because of income. paid about $170 per month. Doing this years tax, (MFJ) (only wife has obamacare, husband has private insurance, he's SE) they are below poverty level. Doing the worksheets with the 1095A, I come up with her getting a refund of all she paid in. Does this happen?
    Tags: None
    #2
    Yes, as long as when she applied she gave a good faith estimate that income would be above FPL.

    Comment

    Previous template Next

    Disclaimer

    Collapse

    This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

    Working...
    X