Americans who think they’re benefiting from health insurance subsidies under Obamacare could end up having to repay that money when the next tax season rolls around.
Unless they’re lucky enough to stay poor.
According to a Politico report, the Obamacare provisions that provide subsidies for Americans making less than 400 percent of the poverty level have a boomerang effect if the recipients manage to improve their financial condition over the course of 2014:
They’ll end up owing the IRS money for the tax credits that were paid out for insurance premiums they received when times weren’t so good.
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