[Question - Insurance] What happens if my actual income for 2020 ends up being higher than my estimated income when I applied for ACA?

Hi, I'm purchasing health insurance through coveredca. Because I'm currently self-employed, my income can vary greatly. With my current estimate, I qualify for savings. I assume if I end up making more than the estimate to the point where I no longer qualify for the savings, I will have to pay back the credit when I file my taxes next year. Can anyone shed some light on the process?

https://ift.tt/eA8V8J Submitted January 28, 2020 at 05:25AM by KeepingItSurreal https://ift.tt/37yNGhV