How does the health insurance Marketplace calculate annual income to determine subsidy eligibility?

Use our income calculator to determine your modified adjusted gross income, which the Marketplace will use to assess your subsidy eligibility.

Calculate Yearly Income

Use this to calculate your household’s estimated yearly income. Consider including your income, your spouse’s income, and that of any tax dependents, all of which are usually counted by the Marketplace. After that, provide information about expenses that may be deducted.

Income

Add different income sources. If an individual gets an income from a source at different times during the year, enter it as multiple income sources.

Income type*

Amount*

Frequency*

Income start date (in coverage year)

Income end date (in coverage year)

Remove Income

+ Add Additional Income Source

Expenses

Add student loan interest, alimony, educator expenses, or IRA contribution this person pays, if any. Please note: these expenses are limited by IRS rules.

Remove Deduction

+ Add Deduction

This calculator is for educational and illustrative purposes only and should not be construed as financial or tax advice. It uses the income and other information you provide. We included categories of income and expenses that the Marketplace commonly (but not always) uses. You should contact a tax advisor or other professional about any specific requirements or concerns.

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Your Estimated Yearly Income:

Click calculate to see updated yearly income

In every state, the health insurance Marketplace offers income-based premium tax credits (subsidies) and cost-sharing reductions. The ACA created its own version of modified adjusted gross income (MAGI) that's used to determine an applicant's subsidy eligibility. Understanding how this ACA-specific MAGI is calculated can help you determine whether you'll qualify for financial assistance in the Marketplace, and how certain tax deductions might affect your subsidy eligibility.