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Obamacare and What happens if income changes will IRS go after me?
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I just moved back to Florida after being away for a few years. First time getting insurance as a adult. I am a writer and had a successful book back in the day so live on the remaining saved income and make only around 1k a month now. I qualified for best obamacare plan and pay like $200 a month on florida blue for literally full PPO coverage with $5 copay to specialist, unlimited mental health, healthcare abroad, no deductible its quiet the plan, but I take care of my health a lot, but im guessing im massively subsidized by obamacare. So what if my next book workout well again and my income picks up will I be forced to pay up at end of year will the IRS investigate me now im on obamacare? Also last if I get a job can I cancel the obamacare or will I be asked to pay up obamacare through taxes. Im confused on everything.

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5 years ago