A report from tax preparation firm H&R Block suggests that tax season may be especially gnarly for lower-income ObamaCare enrollees:
[H&R Block] is seeing a majority (52 percent) who enrolled in insurance via the state or federal Marketplaces paying back a portion of the Advance Premium Tax Credit (APTC). The average amount paid back is $530, decreasing the tax refund on average by 17 percent, according to analysis almost six weeks into the 2015 tax season. [H&R Block]
Americans for Tax Reform, a nonprofit devoted to simplifying and lowering taxes, has a more thorough explanation of that $530 figure here.
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