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    harkplumb's Avatar
    harkplumb Posts: 26, Reputation: 1
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    #1

    Apr 4, 2020, 10:30 AM
    Health Care Market Place and Fed. Govt. stimulus check
    My wife has her health insurance coverage through the Health Care Market Place which determines the amount of her subsidy according to household income.
    The Market Place requires that any changes in household income must be reported.
    Does anyone know if his stimulus money must be reported as an increase in income?
    talaniman's Avatar
    talaniman Posts: 54,328, Reputation: 10855
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    #2

    Apr 5, 2020, 07:16 AM
    What a great question and the short answer is nobody know what will happen regarding those stimulus checks yet. I doubt the government knows at this point.

    https://www.truthorfiction.com/is-a-...-back-in-2021/
    harkplumb's Avatar
    harkplumb Posts: 26, Reputation: 1
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    #3

    Apr 6, 2020, 08:28 AM
    I did see where folks were asking if this stimulus money is going to have
    to be claimed as income at tax time at the end of the year and some were
    saying NO, it would be considered as non-taxable income. I don't know if
    that was an official answer from the govt or just someone's personal opinion.
    talaniman's Avatar
    talaniman Posts: 54,328, Reputation: 10855
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    #4

    Apr 6, 2020, 08:47 AM
    I have not seen a government response to your question. Hopefully one will be forthcoming.
    harkplumb's Avatar
    harkplumb Posts: 26, Reputation: 1
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    #5

    Apr 11, 2020, 11:01 AM
    Thanks for the replies. I guess maybe I'm asking the question too soon. You are right in that possibly even the govt. doesn't even have an answer as of yet.
    I guess I like to be on top of things so we don't have any surprises.
    Wondergirl's Avatar
    Wondergirl Posts: 38,799, Reputation: 5431
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    #6

    Apr 11, 2020, 11:12 AM
    Quote Originally Posted by harkplumb View Post
    Thanks for the replies. I guess maybe I'm asking the question too soon. You are right in that possibly even the govt. doesn't even have an answer as of yet.
    I guess I like to be on top of things so we don't have any surprises.
    I checked several reliable sites:

    "Any money you receive will not be considered taxable as the IRS considers it a credit, or money you’ve already paid that they’re giving back to you."

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