Susan and Stan Collins live in Iowa, are married and have two children ages 6 and 10. In 2018, Susan's income is $38,290 and Stan's is $12,000 and both are self-employed. They also have $500 in interest income from tax exempt bonds. The Collins enrolled in health insurance for all of 2018 through their state exchange and elected to have the credit paid in advance. The 2018 Form 1095-A that the Collins received from the exchange lists the following information:

Annual premiums$9,800Annual premium for the designated silver plan in the state$10,800

Assume that the Collins Form 1095-A also indicated that the total advance payment of the premium tax credit was $9,200. The Federal Poverty Line for a family of four is $24,600.

Table for Repayment of the Credit Amount

SingleTaxpayers Other

Than SingleLess than 200%$300$600At least 200% but less than 300%7751,550At least 300% but less than 400%1,3002,600At least 400%No limitNo limitClick here to access the2018 Applicable Figure Tableto use for this problem.

Calculate the excess advance premium tax credit and the repayment amount for 2018.

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

Excess advance premium tax credit$

Repayment amount$