Redid my application for 2021 to take advantage of the lower tax credits…question about reporting income.

I estimated myself as making about 21k with my job. I made about 10k in unemployment insurance with my state and PUA but I just combined it into the 11k that I expect to make with my job that I’m resuming. Is this going to be an issue? Throughout 2020 I just paid my premiums like I still had my job. When I did my 2020 tax returns I did report both the unemployment and the money I did make at my job. H&R Block nor the health insurance never said anything when I did my tax reconciliation, and I didn’t owe anything. (I just kept my 2020 income info as if I had worked the entire year.) If I do go back into my application do I just report the 10k as a one time thing? I might keep trying to file until my benefit year ends but I don’t know if I’ll get anything more. It certainly won’t be the 477 I was getting per week from January through the end of April.

submitted by /u/methodwriter85
[link] [comments]
I estimated myself as making about 21k with my job. I made about 10k in unemployment insurance with my state and PUA but I just combined it into the 11k that I expect to make with my job that I’m resuming. Is this going to be an issue? Throughout 2020 I just paid my premiums like I still had my job. When I did my 2020 tax returns I did report both the unemployment and the money I did make at my job. H&R Block nor the health insurance never said anything when I did my tax reconciliation, and I didn’t owe anything. (I just kept my 2020 income info as if I had worked the entire year.) If I do go back into my application do I just report the 10k as a one time thing? I might keep trying to file until my benefit year ends but I don’t know if I’ll get anything more. It certainly won’t be the 477 I was getting per week from January through the end of April.
submitted by /u/methodwriter85 [link] [comments]Read Morer/HealthInsurance

Leave a Reply

Your email address will not be published.