Frequently-asked questions by tag
We claim our son, but not our daughter, on our taxes. How are premium subsidies calculated for families like ours?
December 5, 2022 – Q. My husband and I have two children. We claim our son on our taxes; he's in high school, lives at home and has a part-time job. Our 23…
Since a lower income results in a larger subsidy, is there anything I can do to reduce my income under ACA rules?
August 25, 2022 – You can reduce your MAGI — and thus increase your subsidy amount — with contributions to a retirement plan, HSA contributions, and…
I thought subsidies were available for anyone with incomes up to 400% of poverty level, but the calculators I’ve used say our family doesn’t qualify. Why?
July 7, 2022 – Q. My income is $44,000, which is just about 344% of poverty level. I thought that subsidies were available for anyone with incomes up to…
I am on Medicare and Social Security. My wife is self employed and needs insurance from the state exchange. How do we figure our household income?
August 18, 2021 – Q. I am on Medicare and Social Security, my wife recently became self-employed and needs insurance from the state exchange. How do we…