[tophcfa]

Originally Posted by steve3860

It should be based on what you will make this year. Last year after having covid I was unable to work. After losing my job I signed up for Obama Insurance. I estimated my income for this year at $18k. I ended up making $20k no problem. The year before I made $120k for the year.

At the end of the year it always is based on the actual income for the year (income as defined by Obamacare). Everything is trued up when you file your federal tax return and any discrepancies between projected and actual income will result in an adjustment to tax credits, unless you go over the cap, then all credits received will have to be returned.