Total household income around 30k. Eligible for up to 10k in tax credits. Monthly payments without using credits is like 800-900$ a month which is like almost 50% of income. If I use all the tax credits to lower my premium will I owe money at the end of the year? If I use half of it, will I get an extra 5k at the end of the year? Very confused.
submitted by /u/Many_Water_406
[link] [comments]Total household income around 30k. Eligible for up to 10k in tax credits. Monthly payments without using credits is like 800-900$ a month which is like almost 50% of income. If I use all the tax credits to lower my premium will I owe money at the end of the year? If I use half of it, will I get an extra 5k at the end of the year? Very confused. submitted by /u/Many_Water_406 [link] [comments]Read Morer/HealthInsurance