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California ACA Weirdness
Old 10-11-2013, 08:05 AM   #1
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California ACA Weirdness

So I signed up for ACA via Covered California's website yesterday.

Part of the process is giving details of your 2013 income. You report your income in categories: earned, self-employment, dividends, cap gains, etc. It all gets totaled up and shown to you, and then that total is used to determine your subsidy.

Here's the weird part: the capital gains I reported was not counted at all towards the total. It had no effect at all.

Self-employment income and dividends did affect the total.

And sure enough, the subsidy I eventually got was based on my total income minus the capital gains I reported.

I checked and rechecked to make sure my cap gains were entered into the system and recorded. They were.

Anyone know what's going on here?
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Old 10-12-2013, 09:54 AM   #2
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Quote:
Originally Posted by Onward View Post
So I signed up for ACA via Covered California's website yesterday. Part of the process is giving details of your 2013 income. You report your income in categories: earned, self-employment, dividends, cap gains, etc. It all gets totaled up and shown to you, and then that total is used to determine your subsidy. Here's the weird part: the capital gains I reported was not counted at all towards the total. It had no effect at all. Self-employment income and dividends did affect the total. And sure enough, the subsidy I eventually got was based on my total income minus the capital gains I reported. I checked and rechecked to make sure my cap gains were entered into the system and recorded. They were. Anyone know what's going on here?
Sounds like a web glitch since Cap Gains are definitely included in the income calculation.
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