Is there still a cap on repaying excess ACA premium tax credit for 2026?

No. Section 71305 of the 2025 budget law removed the repayment limitation for tax years beginning after December 31, 2025, so any excess advance credit for 2026 coverage is repaid in full on the 2026 return filed in 2027.

What is the 400% subsidy cliff for 2026?

For 2026 coverage, households with income above 400% of the 2025 poverty guideline get no premium tax credit. That is $62,600 for one person, $84,600 for two and $128,600 for four in the 48 contiguous states.

Can I still lower my 2026 income after December 31?

Yes, a few moves count for 2026 after year end: HSA and deductible traditional IRA contributions until April 15, 2027, and SEP-IRA contributions until your filing deadline, including extensions.

New for the 2026 return you file in 2027

The repayment cap is gone. One dollar over the cliff can cost you the whole subsidy.

Enter your Form 1095-A and your 2026 income. In two minutes you'll see what you owe the IRS in April, and whether an HSA, IRA or SEP contribution can still pull you back under the 400% line.

$0 repayment cap for 2026 (OBBBA §71305)
$62,600 cliff for one person · $128,600 for four
Apr 15, 2027 last day for HSA and IRA moves that count for 2026

1 · Household

Filing status People in your tax household State Your age at end of 2026 Spouse's age

2 · Form 1095-A, annual totals (line 33)

Don't have it yet? Use your monthly amounts × months. It arrives by January 31, 2027.

Column A · monthly premiums, total Column B · benchmark (SLCSP), total Column C · advance credit paid, total Months covered in 2026

3 · Expected 2026 income (whole household)

Your W-2 wages (box 1) Spouse's W-2 wages (box 1) Net self-employment profit Other taxable income Non-taxable Social Security Tax-exempt interest Other adjustments you already take

I'm self-employed and will deduct my Marketplace premiums (self-employed health insurance deduction)

4 · Room you still have (this is what can rescue you)

My 2026 plan is HSA-eligible (every 2026 Bronze or Catastrophic Marketplace plan qualifies)

HSA coverage type Months HSA-eligible HSA already contributed for 2026 Traditional IRA already contributed (you) Traditional IRA already contributed (spouse) SEP-IRA already contributed Pre-tax 401(k) room you can still add from 2026 paychecks Unrealized investment losses you could sell Self-employment income you could legitimately bill in 2027 instead Your federal tax bracket

I'm covered by a retirement plan at work in 2026 My spouse is covered by a retirement plan at work in 2026

Nothing you type leaves this page. Estimates only, not tax advice. Assumes nobody was eligible for employer coverage or Medicare during covered months.

Why 2027 tax season is going to hurt

The cliff is back

The enhanced credits expired after 2025. For 2026 coverage, income above 400% of the poverty line means no credit at all.

The cap is gone

Before 2026, many people only repaid a capped amount. Now every dollar of excess advance credit comes back on the return.

Some fixes still count

HSA and deductible IRA money counts for 2026 until April 15, 2027. SEP money counts until your filing deadline, extensions included.

Sources: 26 U.S.C. §36B; OBBBA (P.L. 119-21) §71305; Rev. Proc. 2025-25; 2025 HHS poverty guidelines; IRS Notice 2025-67; Treas. Reg. §1.36B-2(b)(6); IRS proposed rule REG-101576-26 (Oct 15, 2026).

Part of Letter Desk, free checks for retirement-age letters: ClawbackCheck · IRMAAback · PartBfair