OriginalShroom
Gold Member
- Jan 29, 2013
- 4,950
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Remember the old saying... If it sounds too good to be true, it isn't.?
Guess what... Get ready to pay up on the tax credits you took for Obama-care.
Guess what... Get ready to pay up on the tax credits you took for Obama-care.
Tax refunds will be cut for ACA recipients
A significant benefit of the Affordable Care Act is the opportunity to receive money-saving tax credits up front to cut the overall cost of health insurance, but now hundreds of thousands of consumers could owe back some of that money next April.
Those affected took advance payments of the premium tax credit for health insurance. Some married couples could owe $600 or $1,500 or $2,500 or even more. It might feel like a raw deal for some who are already suffocating under the escalating costs of health insurance.