I paid $0 in both Fed and state.
This year we had no income and didn't prepay anything. We got a $3,267 refund from the Feds and owe CA $0.
We kept our income low to qualify for ACA benefits but maybe I overdid it.
I would be very concerned about that, because you do not qualify for the ACA if your Adjusted Gross Income is less than the Federal Poverty Level (which was $18,310 for a family of two in 2023 or $25,268 if your state is an "expanded Medicaid" state). You would be required to go on Medicaid instead.
I would be very concerned about that, because you do not qualify for the ACA if your Adjusted Gross Income is less than the Federal Poverty Level (which was $18,310 for a family of two in 2023 or $25,268 if your state is an "expanded Medicaid" state). You would be required to go on Medicaid instead.