Under Obama Care the income calculation for Premium Tax credit includes the following:
- Earned Income
- Wages, salaries, tips
- Self-employment, business and farm income after deduction of business expenses (including depreciation and capital losses)
- Unearned Income
- Interest (taxable and non taxable)
- Social Security (SSA) income
- Dividends
- Taxable state income tax refunds and credits
- Portion of scholarships, awards or fellowship grants used for living expenses
- Alimony received
- Capital/other gains
- IRA distributions (taxable amount only)
- Pensions and annuities
- Rental real estate income and royalties
- Unemployment Compensation
- Other income if taxable (such as prizes, jury duty pay not given to employer, etc.)
If your IRA distributions are non-taxable then they would not count towards the income.
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