Subsidy Without Income Verification? Affordable Care Act – - TopicsExpress

Subsidy Without Income Verification? Affordable Care Act – Q&A: **Question**: Covered CA has a paper app that does not include income info(online you click that you do not want help from the government). If a person bypasses the income information but applies thru Covered CA...can they still qualify for a tax credit at end of the year if their income was such that they would have qualified for a subsidy? **Answer**: No. They must provide income information (and verification if requested) in order to be eligible for the tax credits retroactively. So, the long form of the paper app would be required in order to keep the option for tax credits.

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