Due to ObamaCare, millions of Americans may need to spend even more time on the income tax returns that they file in 2015 and beyond — and many will discover they owe the tax man more than before.

Beginning in 2014, individuals and families earning 100% to 400% of the federal poverty level are eligible for a federal tax credit to buy insurance via a health insurance exchange. The amount of the credit is based on a sliding scale and decreases as income gets closer to 400% of the poverty line.

Ultimately, the size of the tax credit an individual or family receives in 2014 will be based on 2014 income. But initially it’ll be based on the income reported on the 2012 tax return, filed in 2013.

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