Independent contractor

Hi, so this month i signed up at healthcare.gov I got approved for a certain amount a month. In the enrollment I did put how much I made last year, and it did the calculations. But because I am a 1099 I don’t pay in throughout the year. I’m just concerned that when I go to do my taxes for this year, I will have to pay everything back. Is this something that should concern me? I’m honestly kind of confused on how this works. Any advice would be greatly appreciated. Thanks!

submitted by /u/aviendahal
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Hi, so this month i signed up at healthcare.gov I got approved for a certain amount a month. In the enrollment I did put how much I made last year, and it did the calculations. But because I am a 1099 I don’t pay in throughout the year. I’m just concerned that when I go to do my taxes for this year, I will have to pay everything back. Is this something that should concern me? I’m honestly kind of confused on how this works. Any advice would be greatly appreciated. Thanks!
submitted by /u/aviendahal [link] [comments]Read Morer/HealthInsurance

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