This tax season, many of those people may be in for a rude surprise when they’re asked to pay some—or even all—of that money back.
That’s despite government and tax preparers last year repeatedly urging those enrolled in Obamacare plans to report changes in income during the year, to avoid a situation where they owed back—or were owed by the government—more in the way of subsidies come tax season.
“I wasn’t very happy,” said Mike Highsmith, 61, a retired US Airways flight attendant who learned after having his taxes done that he has to pay back every cent of the $6,624 in federal subsidies that helped pay the lion’s share of his HealthCare.gov-purchased plan.
“This shocked me … I didn’t know this was coming.” …
Don’t let the MSM censor your news as America becomes Great Again. Over 500,000 Americans receive our daily dose of life, liberty and pursuit of happiness along with Breaking News direct to their inbox—and you can too. Sign up to receive news and views from The 1776Coalition!
We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.