I live in MA and had a question about income to include to apply through the state exchange.
My unemployment ran out in March and I am presently on temporary insurance of which I pay nothing. I was recently accepted for a position that would start on September 29 at an annual salary of $37,440.
Insurance through the company is more than 9.5% of income, so I figured it would be better to apply through the state.
For my 2014 income, a couple of questions:
1. Do I count unemployment? I received $3,000
2. Annual salary of $37,440 is $720/week. Starting on 9/29 leaves 13 weeks through the rest of year so do I say that the income is $9,360?
3. My dividend income would be about $6000-$8000
If unemployment is counted then would I say my 2014 income is $20,360 and then notify the exchange about an increase in income for 2015 when the new year starts so that the subsidy would change.
Would appreciate any feedback.
My unemployment ran out in March and I am presently on temporary insurance of which I pay nothing. I was recently accepted for a position that would start on September 29 at an annual salary of $37,440.
Insurance through the company is more than 9.5% of income, so I figured it would be better to apply through the state.
For my 2014 income, a couple of questions:
1. Do I count unemployment? I received $3,000
2. Annual salary of $37,440 is $720/week. Starting on 9/29 leaves 13 weeks through the rest of year so do I say that the income is $9,360?
3. My dividend income would be about $6000-$8000
If unemployment is counted then would I say my 2014 income is $20,360 and then notify the exchange about an increase in income for 2015 when the new year starts so that the subsidy would change.
Would appreciate any feedback.