How to report income

How to report income

To determine your eligibility for subsidized health insurance, the Health Connector must collect information about your household’s income.

Income sources to include:

For each of the following sources, make your best estimate for what your income will be in 2016.

  • Wages
  • Salaries
  • Tips
  • Net income from any self-employment or business
  • Unemployment compensation
  • Social Security payments, including disability payments
  • Alimony
  • Any other taxable income such as retirement income, investment income, pension income, rental income, prizes, awards, and gambling winnings

Do NOT include the following as income:

  • Child support
  • Gifts
  • Supplemental Security Income (SSI)
  • Veterans’ disability payments
  • Workers’ compensation
  • Proceeds from loans (such as student loans, home equity loans, or bank loans)

Do NOT include any money that an employer takes out of your paycheck such as:

  • Child care
  • Health insurance
  • Retirement plans

These “not taxable” items should be listed explicitly on your paycheck.

Please be sure to double check that the information you have entered is correct. There is a summary page at the end of the Income section of the application where you can review your information. Take care to note that the income amount has the appropriate yearly/monthly/or weekly label.

Continue to read the full guide on how to answer questions on different types of income →

Last Update: November 3, 2016  

October 31, 2016    Filling Out Your Application  
Monday, October 31st, 2016|