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March 15, 2021
Question

I had health insurance from Obamacare and now I guess I owe all that premium tax money back because I made more on unemployment. What do I do? I dont have 5k to pay

  • March 15, 2021
  • 1 reply
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1 reply

DoninGA
Employee
March 15, 2021

See this TurboTax support FAQ for information for the unemployment compensation exclusion - https://ttlc.intuit.com/community/tax-topics/help/how-do-i-claim-the-new-unemployment-benefits-in-tu...

 

Also see this IRS statement - https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021