Thursday, April 2, 2015

50% of Those Eligible for Tax Subsidy Would Owe Repayment


According to a new analysis by the Kaiser Family Foundation:

  • 50% of U.S. households eligible for a tax subsidy under the health law would owe a repayment
  • 45% of those eligible would receive a refund.
  • Estimated Average Repayment is $794. Estimated Average Refund is $773.
  • Households with an original income between 100-200% of the poverty level would have the lowest average repayment ($667) and refund ($412) amounts.
  • Households with an original income between 300-400% of the poverty level ($34,470-$45,960 for an individual) would have the highest average repayment ($1,380) and refund ($1,601) amounts.
Source: Kaiser Family Foundation

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