Hello all. I’m getting marketplace healthcare to bridge the gap between my old and new jobs’ coverage. We qualified for a premium tax credit of about $500, but I’m concerned that we’ll owe this back on our taxes. I could really use an ELI5 because the explanation on the healthcare site is very convoluted. Will I lose $500 on my refund if I use this? We’re considering just using marketplace care for the remainder of the year since my job’s benefits are good but very expensive. But if we’re about to rack up debt with the government, no thank you.
Thanks!
submitted by /u/_cassquatch
[link] [comments]
Hello all. I’m getting marketplace healthcare to bridge the gap between my old and new jobs’ coverage. We qualified for a premium tax credit of about $500, but I’m concerned that we’ll owe this back on our taxes. I could really use an ELI5 because the explanation on the healthcare site is very convoluted. Will I lose $500 on my refund if I use this? We’re considering just using marketplace care for the remainder of the year since my job’s benefits are good but very expensive. But if we’re about to rack up debt with the government, no thank you. Thanks!
submitted by /u/_cassquatch [link] [comments]Read Morer/HealthInsurance