I qualified for a tax credit on my health insurance based on my low fixed (social security) income...I received the tax credit MONTHLY...in July I made a significant withdrawal from my IRA which increased my income for 2014. Now I am working on my 2014 taxes and discover that I lost the tax credit based on my income and have to pay it back on my 2014 return.

MY QUESTION IS...CAN I TAKE THE TAX CREDIT FROM JANUARY THROUGH JUNE AND PAY-BACK THE CREDITS TAKEN AFTER THAT JULY WITHDRAWAL...OR DO I HAVE TO PAY-BACK THE ENTIRE YEAR????