ACA policyholders face unexpected tax bill
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•US Politics
US Politics
Tax time triggers fraud alarms for some Obamacare enrollees
75% Informative
Tax season is when some consumers learn they were fraudulently enrolled in an ACA plan or switched to a different one without their knowledge.
Those unauthorized enrollments or changes took off in late 2023 and continued through last year , drawing more than 274,000 complaints.
The amount owed could range from a few hundred dollars to thousands , with some caps based on income.
Congress must decide whether to extend premium tax credits that were enhanced during the covid pandemic.
Keeping them in place would add $335 billion to the deficit through 2034 .
Premiums could more than double in some states, including many GOP -led ones, such as Texas , Mississippi , Utah , Wyoming , West Virginia .
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