Help Paying Marketplace Premiums: Challenges Estimating Income and Tax Consequences

What’s the most I would have to repay the IRS?

For the 2024 tax year, you must repay the difference between the amount of premium tax credit you received and the amount you were eligible for.  There are also dollar caps on the amount of repayment if your income is below 4 times the poverty level.

Repayment Limits for Advanced Premium Tax Credits, 2024 Tax Year

Income as
percentage of
poverty line
Annual income
for an
Repayment limit
for an
Annual income
for a family
of four
Repayment limit
for other
Under 200% Under $29,160 $350 Under $60,000 $700
At least 200% but
less than 300%
$29,160 to $43,740 $900 $60,000 to $90,000 $1,800
At least 300% but
less than 400%
$43,740 to $58,320 $1,500 $90,000 to $120,000 $3,000
400% and above $58,320 or more None $120,000 or more None

While we have made every effort to provide accurate information in these FAQs, people should contact the health insurance Marketplace or Medicaid agency in their state for guidance on their specific circumstances.

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