April 15 may seem far away, but it is not too soon to think about your 2014 tax bill if you purchased health insurance through a state- or federally run health insurance exchange. If you’re getting help paying for your coverage in the form of tax credits that subsidize your monthly insurance premium, you must report any changes that could affect either your eligibility for a subsidy or the amount
How Do Premium Tax Credits Work if My Reported Income is Inaccurate?
For many people — for example, the self-employed, seasonal workers, or those with multiple jobs — income fluctuates throughout the year, and also from year to year. Or maybe you got a promotion or raise, took on another job, or lost work. These are other examples of when your income will not be the same as you anticipated. Having an uneven income can make it difficult to accurately report your