Tag: federal poverty level

Category: ACA and Policy, Cost of Healthcare, Health Insurance

I just got a giant bill from the IRS! What did I do wrong?

As I sit here in mid-April, I can’t help but think of all the times in the past four years I’ve been confronted by folks who got HUGE tax bills at the end of the year because they bought their health insurance on healthcare.gov, made some errors computing their income and got hit with a surprise bill. This is a great time to review how the Advanced PremiumTax Credits on healthcare.gov work and how to avoid getting nailed with a huge tax bill at the end of the year.

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