For Marketplace savings, you always report your household’s total Modified Adjusted Gross Income (MAGI) - not just your own. Even if only one person is applying for coverage, the Marketplace looks at the whole household’s income.
Who to include in income
Yourself
Your spouse, if you are married and filing jointly
Any dependents you will claim on your tax return, if they have income
Types of income to include
Wages, salaries, and tips
Net self-employment income
Unemployment compensation
Social Security (taxable and non-taxable)
Retirement, pension, and IRA distributions (if taxable)
Alimony received (for divorces finalized before 2019)
Other taxable income reported on your tax return
What not to include
Child support
Gifts or loans
Supplemental Security Income (SSI)
Workers’ compensation
Certain veteran’s benefits
Quick tip
Estimate based on what you expect to earn for the coverage year. If your income changes later, update your Marketplace application to keep your savings accurate. Also note, it is important to report accurate income to ensure that you only receive the financial benefits you are entitled to. If you underestimate your income you may be required to pay back any overpayment when you file your tax return for your coverage year.