Frequently-asked questions by tag
How might my tax deductions affect the size of my ACA premium subsidy?
March 5, 2026 – Learn how tax-deductible contributions to an IRA, HSA, or self-employed health insurance deduction might lower your MAGI and boost the…
We claim our son, but not our daughter, on our taxes. How are premium subsidies calculated for families like ours?
September 29, 2024 – Subsidy eligibility is based on modified adjusted gross income (MAGI). For your family, your MAGI will include income for yourself and your…
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?
February 5, 2024 – For the purpose of determining subsidy eligibility, the IRS and the health insurance exchanges use an ACA-specific version of modified…
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 – Subsidies are only provided if the unsubsidized cost of the benchmark silver plan would be considered unaffordable without the subsidy. But…