Question: My son is away at college in New York. I claim him as a dependent on my taxes. He also earns enough to file his own tax return. I would like to purchase a policy for the two of us with subsidies through CoveredCA. Can I do that? Do we report our incomes separately?
Answer: Think of your household as everyone in your tax family. Your son at college in New York, whom you do claim on your taxes, is considered part of your household. And if that son happens to hold down a part-time job while attending school and earns enough money to file a tax return, you’ll need to include his earnings as part of your total household income. So you can purchase a policy for the two of you through Covered California. Your eligibility for premium assistance and cost savings reductions will depend on your aggregate income for a household of two.