Health Care TurboTax Health Care Income Estimator [Calculator] Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by TurboTaxBlogTeam Published Oct 22, 2015 - [Updated Apr 21, 2022] 1 min read When you sign up for a health insurance plan during the Marketplace Open Enrollment, you may be eligible for assistance to help pay your monthly health insurance premium based on your annual household income and family size. To estimate your household income used to determine how much assistance you could qualify for, check out our TurboTax Income Estimator calculator. First, enter how many people in your household work. Then, enter the expected income for each person for each job. TurboTax does the math for you so you can quickly determine your household income to more accurately know how much assistance you should receive. Open Enrollment for 2016 is November 1, 2015 – January 31, 2016. Your projected annual income or household size could change throughout the year, but you can use this calculator at any time to determine if the amount you used to apply for premium assistance is still accurate. If it changes, remember to report it to healthcare.gov or your state Marketplace to avoid any surprises when you file your taxes. Who knows? You may be eligible for more assistance. TurboTax makes reporting health insurance on your taxes easy, while helping you get your maximum refund, guaranteed. Previous Post Open Enrollment 2016 Timeline: Important Dates to Remember [Infographic] Next Post TurboTax 2016 Health Care Subsidy Calculator Written by TurboTaxBlogTeam More from TurboTaxBlogTeam Comments are closed. Browse Related Articles Uncategorized What Is Deferred Compensation & How Is It Taxed? Investments How Does an Inherited IRA Work? Work Choosing Your Business Structure: 5 Types of Businesses… Tax Deductions and Credits Are HOA Fees Tax Deductible? What You Need to Know Crypto Understanding Crypto and Capital Gains Work 7 Things You Need to Know About the New Business Report… Work Using Form 8829 to Write-Off Business Use of Your Home Tax Tips Roth 403(b) vs. Roth IRA: Which Should You Invest In? Life Interest Rates, Inflation, and Your Taxes Investments Essential Tax Tips for Maximizing Investment Gains