Health-law credits to hit refunds

Recipients will have to repay if income underestimated

Posted: August 25, 2014 at 3:42 a.m.

WASHINGTON -- Nearly 7 million households have received health insurance tax credits under the Patient Protection and Affordable Care Act, and major tax-preparation companies say most of those consumers appear to be unaware of the risk: If a person's income for 2014 is going to be higher than he estimated when he applied for health insurance, then his tax refund could be reduced or even eliminated next year.

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