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TC 49, Insurance Premium Tax Return Instructions Forms & Publications 2022-2025

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if you had health coverage last year through the marketplace and you had the premium tax credit you applied for it received it and then later on earned too much money you actually would have to pay it back but because of the american rescue plan act you actually don't have to pay it back what's really strange about this is the only people that benefit from this change to the american rescue act or at least that i can figure out are those that actually made more money than they thought they were originally going to make so if you did better than what you originally thought in the beginning of 2020 then you're actually gonna get another refund check from the irs for the premium tax credit if you gave it back the irs is gonna give it right back to you so it's as if you got the premium tax credit for absolutely free because you made too much money

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