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June 6, 2019
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If I owed for overpayment of obama care is that deducted from my taxes or do i then have a seperate bill for that?

  • June 6, 2019
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Best answer by MelaineC

If you will owe due to getting a high subsidy with Obama care (premium tax credit) then it will the added to the amount of taxes you have to pay and if you are due a refund, it will reduce your refund by the excess amount.  So you will not receive a separate bill for that, it will all be done when you complete your tax return.

1 reply

MelaineCAnswer
Employee
June 6, 2019

If you will owe due to getting a high subsidy with Obama care (premium tax credit) then it will the added to the amount of taxes you have to pay and if you are due a refund, it will reduce your refund by the excess amount.  So you will not receive a separate bill for that, it will all be done when you complete your tax return.

June 6, 2019
Thank you so much 🙂