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Covered California and Obamacare related questions from consumers, employers and agents are answered by Phil Daigle with the best information available at the time. Archived entries may no longer be accurate as the Covered California and Obamacare knowledge-base is evolving quickly. TO REQUEST A PERSONAL RESPONSE INCLUDE EMAIL ADDRESS.
Question: My income exceeded my estimate for the year. I’ll have to pay some of the subsidy back. How do they handle that?
Answer: The IRS will recover some of the excess tax credits you received to help pay your health insurance through your tax return. The repayment is added to your taxes due.
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