Question: If I divorce before the end of the year I understand I have to file my taxes separately but my annual income to determine coverage was based on both of our incomes as a married couple. My coverage was based on household income of 40K with 2 people, married. If we divorce and I have to file taxes separately as a single person my reported income would only be about 18,000. How does that impact my covered California? My email is below
Answer: In your case, your individual income of $18,000 will qualify you for more premium assistance than you qualified for as a couple. You will receive the added premium assistance as a tax credit when you file your 1040 for 2018 as a single taxpayer.