stevedip1
Level 1
12-07-2019
02:57 AM
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T/P got ACA health insurace after job loss in mid year, but at that point had already past the limit, so reconciliation show T/P must pay back all subsidies. Is there way to waive this due to job loss?
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Just-Lisa-Now-
Level 15
12-07-2019
02:57 AM
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Nope...they got it, now they have to pay it back.. Horrible system they designed!
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
rbynaker
Level 13
12-07-2019
02:57 AM
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How did he get subsidies if the income was already over the limit?
Just-Lisa-Now-
Level 15
12-07-2019
02:57 AM
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ohhh good catch...I was thinking it was the other way around....no job first part of the year, got a job mid year but had already got he APTC.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
ehill
Level 4
12-07-2019
02:57 AM
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Sounds like they put down as very little income and did not include what was earned the first half of the year. If they had put in the income then they would not have gotten the subsidy.
Just-Lisa-Now-
Level 15
12-07-2019
02:57 AM
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agreed!:+1:
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
rbynaker
Level 13
12-07-2019
02:57 AM
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Don't know about the state exchanges but on healthcare.gov you can just keep editing your application until you like the numbers it gives you at the end. And then you submit it. It's basically like TurdoTax for healthcare.