Friday, October 25, 2013

Reporting on Your Household

We have had lots of questions about who to include in the number of people in your household when trying to determine your subsidy amount.   Here is a quick summary:

When filling out your application, DO include: 
  • Yourself 
  • Your spouse 
  • Your children who live with you, even if they make enough money to file a tax return themselves 
  • Your unmarried partner who needs health coverage 
  • Anyone you include on your tax return as a dependent, even if they don’t live with you 
  • Anyone else under 21 who you take care of and lives with you 

DON’T include:
  • Your unmarried partner who doesn’t need health coverage and is not your dependent 
  • Your unmarried partner’s children, if they are not your dependents 
  • Your parents who live with you, but file their own tax return and are not your dependents 
  • Other relatives who file their own tax return and are not your dependents 

To learn more about who qualifies as a dependent, refer to IRS Publication 501. (Excellent reading material if you can't sleep!)


More information is available on our website at www.CreeekstoneBenefits.com


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