evec
Level 1
04-26-2021
10:28 AM
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Thank you to clarify the issue.
I agreed this is a mistake of CA Franchise Tax Board. I found out that a taxpayer on a above 400% poverty line has a huge refund but a taxpayer on a 125% poverty line has to pay back the whole subsidy amount. The instruction of form 3849 is not available now, it said "it's subject to change and FTB approval".