---
title: "Obamacare subsidy repayment amounts are capped based on your income level."
url: "https://www.healthinsurancementors.com/faq/obamacare-subsidy-repayment-amounts-capped-based-income-level/"
post_type: "post"
date_published: "2015-02-17T15:43:21-08:00"
date_modified: "2015-02-17T15:43:21-08:00"
categories: ["FAQ"]
---

# Obamacare subsidy repayment amounts are capped based on your income level.

If you have received a notice from the IRS stating that you estimated your income level incorrectly last year and as such received an Advance Premium Tax Credit (subsidy) that was incorrect. The chances are very good that you won’t have to pay back the full amount. In fact, only those with income levels above 400% of FPL – Federal Poverty Level – will have to pay back the full amount. For the rest of us, the repayment amount is capped based on our income level.
Below is a chart that states the maximum amount you will have to pay back to the IRS regardless of how large of a subsidy that you took incorrectly. How much will this ‘subsidy forgiveness’ cost taxpayers? That number has yet to be determined.

Income, based on federal poverty level
 
Annual Household Income for an Individual
 
Individual Payback of Obamacare Premium Assistance
Annual Household Income for a Family of Four
 
Family Payback of Obamacare Premium Assistance

Less than 200%
 
Under $22,980
 
Capped at $300
 
Under $47,100
 
Capped at $600

At or above 200% to 300%
 
$22,980 – $34,470
 
Capped at $750
 
$47,100 – $70,650
 
Capped at $1,500

At or above 300% to 400%
 
$34,470-$45,960
Capped at $1,250
$70,650 – $94,200
 
Capped at $2,500

Greater than 400%
 
$45,961 and higher
Full amount received
$94,201 and higher
Full amount received