Service Update your 2025 income, Shop, compare, renew for Plan Year 2026

Now that you have estimated your income for Plan Year 2025. See where you are in relation to your initial estimate and your current actual income as of November.

I also understand that when i file my Federal income tax return, the Internal Revenue Service (IRS) will compare the income on my tax return with the income on my application. I understand that if the income on my tax return is lower than the amount of income on my application, I may be eligible to get an additional premium tax credit amount. On the other hand, if the income on my tax return is higher than the amount of income on my application, I may owe additional Federal income tax

Schedule a service appointment to update your income

What income types to count in your estimate

Count these income types:

Alimony from divorces and separations finalized before January 1, 2019

Capital gains

Excluded (untaxed) foreign income

Federal taxable wages (from your job)

Investment income

Rental and royalty income

Retirement or pension income

Self-employment income

Social Security

Social Security Disability Income (SSDI)

Tips

Unemployment compensation

Don't count these income types:

Alimony for divorces and separations finalized on or after January 1, 2019

Child support

Child Tax Credit checks or deposits (from the IRS)

Gifts

Proceeds from loans (like student loans, home equity loans, or bank loans)

Supplemental Security Income (SSI)

Veterans' disability payments

Worker's compensation

If you expect other income types or have questions, get details on what counts as income from the IRS

Do I include my dependents' income from things like summer jobs, work-study, and limited part-time work?

Count their income only if they need to file a federal tax return. Check IRS guidelines on filing requirements for dependents.

If they file a tax return when they don't have to – like to get a tax refund – their income won't be counted

Can I take any income deductions?

The Marketplace lets you subtract certain deductions from your income. Find out about these deductions and how to report them

For those Self employed - 1099

Where you an employee who started a business that produced net income that you will report on your tax return ? Consider adding it to your 2025 application

Estimating unpredictable income

When you’re self-employed, it can be hard to estimate your income for the coming months or year.

• Do your best to estimate your self-employment income and expenses for the year accurately, based on your past experience, realistic expectations, industry standards, and other information.

• During the year, if it looks like your yearly net income will be higher or lower than you estimated, update your Marketplace application as soon as possible.

• On your Marketplace application, you’ll report your net income from your self-employment. (Net income is sometimes called "profit.")

  • If your self-employment income is higher than your business expenses, you report this net income.

  • If your business expenses are higher than your income, you report a net loss.

  Your net income from self-employment is what you report on Schedule C of your federal tax return

Schedule appointment