- If you are married (even if you are separated) do you need to file a joint federal tax return?
In order to qualify for a subsidy, you must file a joint tax return if you are still married. If you are in the process of getting divorced, the divorce must be effective by 12/31 for you to qualify for a subsidy.
- Do you plan to file a federal tax return?
You must file a tax return to qualify for a subsidy.
- Are you currently employed or have some source of income?
Social Security or Unemployment qualifies. You must have income above $11,670 if are 1 person household, $15,730 for 2 person household, $19,790 for 3 person household, $23,850 for 4 person household
- Are you currently on Medicaid?
You are not eligible for a subsidy if you are currently covered by a government plan like Medicaid or Medicare.
- Are you eligible to purchase health insurance or if you are offered coverage from your employer or your spouse’s employer?
You are not eligible for a subsidy if you are eligible for coverage from an employer unless the cost of coverage exceeds 9.5% of employees salary or does not meet standard of minimum coverage. However, you can still purchase coverage without a subsidy.