Q, Anons, I need some help….what should I do??

Spouse and I both work but our jobs do not offer health insurance, so our only option is to buy an ObamaCare plan through our state's Exchange. (Spouse had cancer and other health issues). We qualify for a tax credit based on our income and have had that credit applied monthly to the cost of our monthly premium.

When re-applying every year, we have to report our GROSS income because the cost of the plan and the tax credit received are based on income.

Last year, POTUS' tax cuts gave us more NET income each month, but our GROSS income never changed. No need to report an income change, we thought, since our GROSS did not change, right?

I started doing our taxes through one of the online tax preparation products. I reported everything correctly, and the end result is, the IRS is saying due to the increase of our income, we made too much to qualify for the ObamaCare tax credit, our refund was stripped away, we now owe over $1800 to make up the tax credit difference, and the IRS is going to issue a fine.

This cannot be right. This tax bill is going to put us under. I became disabled last year due to a major hand injury and money is tight. I'm sick over this.

Now ObamaCare has been deemed "unconstitutional".

https://thehill.com/homenews/administration/435759-justice-department-sides-with-court-ruling-obamacare-invalid?fbclid=IwAR2nxZ_oqiPpP3N7WSoxb1KtwRNhaSB7KIsll6uZtK4-6ftbRSAeZh9Quc0

Do I have any recourse? Any advice? It just doesn't seem right that our tax break should result in the wiping out of our tax credit, which is now resulting in a big tax bill and a fine. I haven't filed yet, BTW.

I've been here every day/night since Dec. 2017 researching, digging, meme-ing, sharing, and supporting The Plan. I haven't come across a situation like mine…has anyone else run into this?

>>5896287

I understand for many people, they saw refunds decrease, but that's due to paying less in income taxes. Pay less in, the refund will be smaller.

But in my case it has to do with our tax cuts disqualified us for our ObamaCare tax credits AFTER the fact, and now we've got this big bill.

I agree, could the tax tables be out of whack?

>>5896374

With 2 fingers. Why do you have to be an asshole?

>>5896385

Spouse did. There was a concern on spouse's part due to past cancer diagnosis and treatment.

Thanks, Anon. Blessings to you and yours as well.

>>5896494

It does, thanks, Anon for your reply.

>>5896535

God bless you and your family as well, Anon.