What is your total projected household income for the year you’re applying for coverage (e.g., if applying for 2025 coverage, estimate your 2025 income)?
Please include all sources of income for each person in your tax household. Your tax household includes everyone you claim as a dependent on your tax return, even if they have separate insurance. Income that should be counted includes:
Wages and salaries before taxes (include tips and bonuses)
Self-employment income (after business deductions)
Unemployment benefits
Social Security benefits
Rental or investment income
For guidance, you can refer to your most recent tax return. This amount will generally be similar to Line 11 on Form 1040 if your income is expected to be close to that amount. If you’re unsure about specific income details, please consult a CPA for assistance.