I understand that the gain won't be taxed because it is less than $500k (joint return) but don't know if it is counted as income for Affordable Care Act purposes.
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No, capital gains from the sale of a house that are not included in your income do not factor into your Modified Adjusted Gross Income (MAGI) for purposes of the Affordable Care Act.
The following items are the only adjustments made to your adjusted gross income when calculating MAGI for Form 8962 for the Premium Tax Credit related to the Affordable Care Act.
When calculating Medicaid eligibility under the Affordable Care Act, the following additional adjustments should be made.
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