Will the Stimulus Check Count as Income in Calculating Obamacare Assistance?
Will the stimulus checks being sent out in response to the Corona virus be counted as income in calculating Obamacare income limits for subsidies?
Answer
The coronavirus stimulus check included in the CAREs act is not counted as taxable income and therefore will not count toward your income limits for assistance. This means it won't impact Obamacare subsidies including tax credits, out-of-pocket assistance, or Medicaid/CHIP.