surprises

The health insurance premium tax credit was designed to help lower-income Americans pay for insurance — but, if you’re not careful, you could end up owing money at tax time.

The refundable credit is available to any individual or household that obtains a health insurance policy through one of the health-care exchanges set up as part of the Patient Protection and Affordable Care Act, commonly referred to as Obamacare.

Intended to help people who aren’t insured through an employer-sponsored plan, anyone making less than 400% of the official federal poverty level is eligible