Which Roger
Thinks s/he gets paid by the post
- Joined
- Jun 5, 2013
- Messages
- 1,019
You have it right - your estimated income for ACA next year will be your anticipated income due to ER, not your reported 2013 or 2014 income. So you'll just want to extend with COBRA this year and then go on the exchange, and may have to explain why your income for 2015 is so much lower to get the subsidy.
I may be in that situation in a year or so, where income drops significantly. Assuming one has the money on hand to pay the full premiums, are there any gotchas to just letting the subsidies be denied during enrollment (instead of explaining the expected income drop), then getting a big refund at tax time?