Is it your business net income or your MAGI? MAGI is always lower because you can deduct your health ins premium you paid.
If you are self employed at near the 100% FPL making you eligible for max subsidies. But by paying those health care premiums and deducting it, it reduces your income below 100% FPL making you not qualified for any subsidies? It’s circular
Does anyone know which income figure determines your eligibility for ACA specifically for self employed?
submitted by /u/RasAlTimmeh
[link] [comments]Is it your business net income or your MAGI? MAGI is always lower because you can deduct your health ins premium you paid. If you are self employed at near the 100% FPL making you eligible for max subsidies. But by paying those health care premiums and deducting it, it reduces your income below 100% FPL making you not qualified for any subsidies? It’s circular Does anyone know which income figure determines your eligibility for ACA specifically for self employed? submitted by /u/RasAlTimmeh [link] [comments]Read Morer/HealthInsurance