Arkansas has an income limit of somewhere around $1,615.95/month for the exchange product I'm on, though I saw my adult child's Medicaid told them it was around $1,750. So, any extra income I make can kick me off. The people dealing with it in the office say if it is not on some list they have that is a short list, then they don't know what it is and count it as income if it is taxed. But, another worker told me I don't need to report it, and that if it is reportable, the IRS will notify them. They told me that if I get kicked off, it is only for that month, and I can reapply. Yet, another worker said it will have to be evaluated. And others are telling my child they have to wait a year to reapply! But I've been told that is not true. Ugh! It just doesn't seem right that an IRA conversion in which I don't receive any funds, but actually owe taxes, should count as income to me. But, I guess I'll do the conversion and let the chips fall where they may. I may have to reapply.
