Am I going broke at 24?

Am I basically screwed and going broke??

Hello I hope everyone’s having a good day. I’m 24 and ya it’s tax time. This year I made 55K taxed 14K as an EMT but worked absurd OT to get there. I have health insurance thru Massachusetts health connecter which thought I was making 20K from my old job. Due to the pandemic I totally gapped out that you have to report changes to the IRS. I told them what I’d make on a 40 hour week without OT and my self attested went to 31K. Found out I’m above the 400% limit and will have to pay back a lot claimed. My APTC was $38 and no clue what the subsidy was. How much do you think I’m going to be in debt? I have little to nothing in my savings and it has been destroying my mental health all week to the point I don’t care about anything because my life is fucked up because of this error

submitted by /u/hrirnejf
[link] [comments]
Am I basically screwed and going broke?? Hello I hope everyone’s having a good day. I’m 24 and ya it’s tax time. This year I made 55K taxed 14K as an EMT but worked absurd OT to get there. I have health insurance thru Massachusetts health connecter which thought I was making 20K from my old job. Due to the pandemic I totally gapped out that you have to report changes to the IRS. I told them what I’d make on a 40 hour week without OT and my self attested went to 31K. Found out I’m above the 400% limit and will have to pay back a lot claimed. My APTC was $38 and no clue what the subsidy was. How much do you think I’m going to be in debt? I have little to nothing in my savings and it has been destroying my mental health all week to the point I don’t care about anything because my life is fucked up because of this error
submitted by /u/hrirnejf [link] [comments]Read Morer/HealthInsurance

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