Esther and Elijah George live in Iowa, are married and have two children ages 6 and 10. In 2019, Esther's income is $41,214 and Elijah's is $12,000 and both are self-employed. They also have $500 in interest income from tax-exempt bonds. The Georges enrolled in health insurance for all of 2019 through their state exchange and elected to have the credit paid in advance. The 2019 Form 1095-A that the Georges received from the exchange lists the following information: Annual premiums $9,800 Annual premium for the designated silver plan in the state $10,800 Total advance payment of the premium tax credit $9,200 The Federal Poverty Line for a family of four is $25,100.

Calculate the excess advance premium tax credit and the repayment amount for 2019.

Round any division to two decimal places before converting to a percent.

Excess advance premium tax credit
Repayment amount

The Federal Poverty Line for a family of four is $25,100.

Table for Repayment of the Credit Amount

	Single	Taxpayers Other Than Single
Less than 200%	$300	$600
At least 200% but less than 300%	800	1,600
At least 300% but less than 400%	1,325	2,650
At least 400%	No limit	No limit