PlanVoyager
How subsidies work
Free calculator · tax year 2026

Premium tax credit repayment calculator

Earned more than you told the Marketplace? Starting with 2026 coverage there is no cap on paying back the extra subsidy. See the number now, while you can still update your income and shrink it.

Your 2026 numbers

Column B on your Form 1095-A, or find yours here.

You would owe about $1,713 at tax time

Subsidy advanced to your insurer

$4,401

$367/mo

Credit you actually qualify for

$2,688

$224/mo

Excess to repay

$1,713

What changed: through tax year 2025, your repayment would have been capped at $1,600 (single filer at 332% of the poverty line). The One Big Beautiful Bill Act removed that cap for 2026, so you repay the full $1,713, which is $113 more.

The rule is now asymmetric, so estimate high

If you tell the Marketplace a higher income than you end up earning, the IRS still gives you the difference as a refund at tax time, and the old safe harbor still protects you if you estimated at least 100% of the poverty line in good faith. If you estimate low, you repay the full excess with no cap. With variable income, round your estimate up.

Fix it now, not in April

Report your new income at HealthCare.gov or your state exchange today. The Marketplace lowers your advance subsidy for the remaining months, which shrinks the amount you repay.

Uses the 2026 applicable percentage table and the 2025 HHS poverty guidelines, which govern 2026 coverage. Assumes your benchmark did not change during the year. Not tax advice.
Get a reminder before it's too late

Mixed-status family calculator →

Visa parents, citizen kids: who still gets the 2027 credit and how much.

Green card & visa holders: 2027 rules →

Everything that changes for non-citizens, with a status-by-status table.

Frequently asked questions

What happened to the premium tax credit repayment cap?
Through tax year 2025, households under 400% of the poverty line repaid at most $375 to $3,150 of excess advance credit, depending on income and filing status. The One Big Beautiful Bill Act removed the cap for tax years beginning after December 31, 2025. For 2026 coverage, you repay the full excess. Treasury estimates about 3.7 million returns will include a repayment in 2028.
How do I avoid a large repayment?
Update your income at HealthCare.gov or your state exchange as soon as it changes. The Marketplace recalculates your advance subsidy for the remaining months, so less excess builds up. If you are near the 400% cliff, talk to a tax professional about pre-tax retirement or HSA contributions that lower your modified adjusted gross income.
Where do I find my benchmark premium?
It is the second-lowest-cost Silver plan for your household and is printed in column B of Form 1095-A. Before you receive the form, use the SLCSP lookup on PlanVoyager or the HealthCare.gov tax tool.
Does this apply if I lost my subsidy for 2027 as an immigrant?
Yes for your 2026 taxes. The repayment change applies to everyone who received an advance subsidy in 2026, regardless of immigration status. The 2027 eligibility change is separate.