Tax Day Shocker: Obamacare ‘Clawback’ To Hit Some Subsidy Recipients With Huge Tax Bill

Daily Caller –

Anyone who receives Obamacare subsidies could be in for a rude awakening this tax season.

Four in ten low-income Obamacare participants will face sticker shock this April 15 when they discover they owe a great deal of money to the IRS because of a little-known “clawback” provision in the health-care law.

A family of four could owe the government as much as $11,200, according to a 2013 prediction by researchers at the University of California, Berkeley.

The idea that struggling, low-income Obamacare enrollees would have to repay the government for subsidies has been a dirty little secret that has always been part of the Affordable Care Act.

 

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