Health Marketplace Proof Of Income
Learn who to count in your household and how to report other kinds of income.
Health marketplace proof of income. You can provide other documents like recent pay stubs or a document that states when contract work will end or what your new wages will be. When you apply for marketplace coverage you must report income from everyone in your household including those who don t need coverage. Work gross income expenses net income total 2017 se income print out and include this sheet with your documents use this worksheet to organize information needed to verify income for your 2018 premium tax credit subsidy verification of income for health insurance marketplace contact information.
You must submit your documents by september 30th. Magi is not a line on your federal tax return. If so it s important that you submit your proof of income documents to the marketplace to fix this data matching issue.
Wages and tax statement w 2 and or 1099 including 1099 misc 1099g 1099r 1099ssa 1099div 1099ss 1099int. For most people it s identical or very close to adjusted gross income agi. Income copy of last year s federal tax return along with federal schedule e that accurately reflects current income can be federal or state.
Wages and tax statement w 2 and or 1099 including 1099 misc 1099g 1099r 1099ssa 1099div 1099ss 1099int. If you expect your income to go up or down for the year you re seeking coverage. The heath insurance marketplace uses an income figure called modified adjusted gross income magi to determine the programs and savings you qualify for.
Time is running out. Learn how to report all income sources to the marketplace. Annual household income of 15 000 for the year you want coverage and marketplace data sources report an annual income of 8 000 for your household you may need to send additional proof to support your projection of 15 000.
For a full list of documents you can use to verify your estimated income refer to the table on page 8 of this document pdf. We need to verify your income so you can keep any help you get with marketplace premiums and cost sharing.