Keep Your Income Current to Avoid Paying Back Tax Credits
If the income you reported on your application has changed, update your information so you keep getting the right amount of premium tax credits.
To report a change on your application:
- Sign in to your account
- Click “Report a Change in Income or Household”
- Select which change applies to you and update your application
When you submit your application, you might get new eligibility and new tax credits. You might even be eligible for a special enrollment period and get to pick a new plan.
Keeping your income up-to-date is important so you don’t have to pay money back to the IRS when you file your taxes.
You should also report changes to your:
- Current health coverage
- Household size