Onward
Thinks s/he gets paid by the post
- Joined
- Jul 1, 2009
- Messages
- 1,934
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?
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?