Estimated too high. $0 income for 2020

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Last year I submitted an application to the marketplace. I estimated my income to be $25,000 (Which was a little higher than usual)

This year Covid hit and I haven’t made a single dollar ($0 income for 2020)

Will I have a penalty when I file my taxes in April 2021 (2020 Taxes)

I assume I won’t, but shouldn’t I be on Medicaid. (I don’t want to be I like my ACA plan)

This is in a non-Medicaid expansion state.

submitted by /u/health_tech22
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Last year I submitted an application to the marketplace. I estimated my income to be $25,000 (Which was a little higher than usual) This year Covid hit and I haven’t made a single dollar ($0 income for 2020) Will I have a penalty when I file my taxes in April 2021 (2020 Taxes) I assume I won’t, but shouldn’t I be on Medicaid. (I don’t want to be I like my ACA plan) This is in a non-Medicaid expansion state.
submitted by /u/health_tech22 [link] [comments]Read Morer/HealthInsurance

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