When you fill out the health insurance application and use some of the tools on this website, you will need to calculate your expected income. Two important things to know:

​

• Marketplace savings are based on your expected household income for the year you want coverage, not last year's income.

• Income is counted for you, your spouse, and everyone you will claim as a tax dependent on your federal tax return. Include your income, even if you don't have health coverage.

​

How to estimate expected income

​

Step 1. Start with your household's adjusted gross income from the most recent federal tax return. You will find your adjusted gross income on line 7 of the IRS Form 1040 .

​

Step 2. Add the following types of income, if any, to your adjusted gross income:

​

• Tax-exempt foreign income

• Social Security tax exempt benefits (including Tier 1 railroad retirement benefits)

• Tax exempt interest

​

Do not include Supplemental Security Income (SSI).

​

Step 3. Adjust your estimate for the changes you expect.

​

Keep things like these in mind for everyone in your household:

​

• Expected increases

• New jobs or other changes in employment, including changes in work hours or self-employment income

• Changes in income from other sources, such as Social Security or investments

• Changes in your home, such as gaining or losing dependents. Gaining or losing a dependent can have a big impact on your savings.

​

You now have an estimate of your expected income.

​

Some frequently included data on this page was collected from: healthcare.gov