What is the Maximum Income for Obamacare for 2020 – 2021?

What is the maximum income for ObamaCare?

Leave a comment

We'll never share your email with anyone else.

1 2 3 4 5

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Hey just wanted to give you a brief heads up and let you know a few of the images aren’t loading correctly.
I’m not sure why but I think its a linking issue. I’ve tried it in two different web browsers and both show the same outcome.

Reply

What I have seen in terms of pc memory is the fact there are specs such as SDRAM, DDR etc, that must match up the specifications of the mother board. If the pc’s motherboard is very current while there are no os issues, improving the memory space literally requires under a couple of hours. It’s one of several easiest computer upgrade treatments one can picture. Thanks for discussing your ideas.

Reply

how do I figure out how much I may need to pay back if our income goes over the cap for affordable care act credits

Reply

When you say max income do you mean gross or net. Let’s say a couple filing jointly had income of $68,961. Their gross would be $1 above the max you listed below but AGI after the $25,100 standard deduction would be $43,861 (well below the maximum).

Which number would the IRS / Affordable Healthcare folks use?

Reply

I just recently relocated to Cheney, WA, and I have no job; I’d like obtain only major medical insurance, but need I dental asap, as I’m in pain now. Where I get access to help…I’ve been hung up on four times by people reading scripts that don’t know answers to questions and don’t care to find answers.

Reply

I get a non-taxable income for caregiver services. I take care of my special needs brother in my home. When I apply for Obamacare for 2022, can I include this amount for benefits on premiums? I was told no and apply for Medicaid. I have to tell Medicaid of all income which will put me above the allowed limit? So, I am in a hole for getting any type of health insurance?
Is Obamacare strictly based on what I will claim on my Tax report? if so, I only have one other amount from my x husbands’ retirement. This amount for the year is $8,000.

Reply

If I sponsor my parents to get a green card and move to US, will they be eligible to get Obama Care? Will my income count towards their income in that scenario? I know there are some rules around “deemed income”, but I don’t know if that applies to Obama Care. Thank you!

Reply

I am single and just moving to the state of Georgia. I will receive $23,456.00 from my ex-husband (as a divorce settlement) as my percentage of his pension plan. I also have begun to draw Social Security Income that will be $15,852 for the year of 2021. I am 64 years old and do not work. I turn 65 December 13, 2021. I was told due to the nature of the ex-spousal money it would not count as earned income against my Social Security Income. Do I qualify for Obamacare or the Affordable Care Act (ACA) insurance for subsidized medical insurance assistance in the state of Georgia? Thank you for any information you can provide for me.

Reply

I can not get marketplace insurance because they consider me making to much money. My husband is on medicare and has a supplement, I am the only one that needs the insurance so with what we make together it is to much for me to get insurance. What can I do.

Reply

what is minimum income for a family of 2?

Reply

from where is the income level taken from on your 1040, is it the AGI or total income

Reply

Thank you so much for capturing all this info. Would like to confirm that a $17,600 income for our 2020 tax return will be valid for a family of 2 without us having to repay anything back?

Thank you!

Reply

Have had Obamacare for 2 years no problem. For 2020 my income went up $2,000 to $50,751.63. Premiums Tax Credit Col. A total is $4844.58, Col. B is $7037.76 and Col. C is 4668.00. Marketplace is telling me something about having to add up the 2 columns!!!
As it stands right now I may owe almost $5000 to the IRS…..Marketplace cannot tell me what the cap for income was for 2020.
Help!!!

Reply

When I signed up this year, the max income for 2 people was listed as $72,000 but the official number is still listed at $68,960 (2020 limit). Any information on where I can find updated 2021 data and verification of the $72k limit? Thanks for answering all the questions.

p.s. I wish everyone would call the exchange by its official ACA name instead of Obamacare

Reply

Do the above limits above apply for 2021 if I turn 65 on 3/31/21 & get Medicare coverage ???

Reply

I’m turning 65 in June 2021…I have marketplace insurance now….do I have to still have to keep your income low enough after the 5 months for not having to pay insurance…after I go on Medicare

Reply

For a couple the income ceiling is about $65,000 and still be able to get a subsidized plan. What is included in that $65,000? Is it AGI, i.e. after IRA, HSA deductions? Does it include interest and capital gains?

Reply

Is the amount for a single person to qualify Adjusted Gross Income or Gross Income?

Reply

In 2020 I had total income of $30,742 with taxable income of $18,342. I file as an individual with no dependents. I dropped Obamacare at the beginning of June, 2020, when I realized that the extra $600 per week I was receiving from unemployment would push my income beyond the point where I would qualify for any subsidy, but I did have Obamacare (100% subsidized) for the first five months of the year. Now I am wondering how much of that five months worth of subsidy I am going to have to pay back.

Reply

I made money in the stock market this year and might be in danger of exceeding $49,960. What are the consequences? If I do end up going over the $49,960 this year, will I still be eligible next year when I don’t suspect I will go over the limit?

Reply

I only make $13,000/year w one dependent and don’t seem to qualify for any subsidy. Why? Am I over or below the income limit/floor?

Reply

I would like information about what the income guidelines are for husband and spouse annual income limits

Reply

I have one question would a couple (2) be eligible if income is 86000.00?

Reply

When calculating income for subsidies, what is included in income limits? For retiree, along with Social Security and IRA distributions, are LTCG or proceeds from stock sale included to determine income limit?

Reply

After reviewing affordable health care act coverage and rates. This is not affordable for poverty level individuals or families.

Reply

I need the income level for a family of 2. I remember seeing earlier this year that the maximum had gone up to 72,000 but can nowhere find that information now. I even called healthcare.gov and they could not give me an answer.

Reply

Six years ago our private insurance BCBS dropped us at the time Obama was saying “if you like your insurance you can keep it”. We had to go with Obamacare and since then have paid $800 per month for two of us. We are both self employed so our income varies. We just got a call from our accountant and he said that we made too much last year (2019) and we have to pay back $17,000 to the government due to not qualifying for Obamacare. If that is correct that means the mediocre insurance plan we have had was supposedly costing $17,000 plus $9600.00 for a total of $26,600 per year? Is that possible? How is that affordable?

Reply

what is maximum income for a family of 2

Reply

What if someone lied about having affordable insurance from work to get subsidies? Would they still be subject to the repayment caps or have to pay back everything? Even if they are low income?

Reply
ObamaCareFacts is a free informational site. It's privately owned, and is not owned, operated, or endorsed by the US federal government or state governments. Our contributors have over a decade of experience writing about health insurance. However, we do not offer professional official legal, tax, or medical advice. See: Legal Information and Cookie Policy. For more on our company, learn About ObamaCareFacts.com or Contact us.