Health Care TurboTax Health Care Income Estimator [Calculator] Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by TurboTaxBlogTeam Published Oct 22, 2015 - [Updated Apr 21, 2022] 1 min read When you sign up for a health insurance plan during the Marketplace Open Enrollment, you may be eligible for assistance to help pay your monthly health insurance premium based on your annual household income and family size. To estimate your household income used to determine how much assistance you could qualify for, check out our TurboTax Income Estimator calculator. First, enter how many people in your household work. Then, enter the expected income for each person for each job. TurboTax does the math for you so you can quickly determine your household income to more accurately know how much assistance you should receive. Open Enrollment for 2016 is November 1, 2015 – January 31, 2016. Your projected annual income or household size could change throughout the year, but you can use this calculator at any time to determine if the amount you used to apply for premium assistance is still accurate. If it changes, remember to report it to healthcare.gov or your state Marketplace to avoid any surprises when you file your taxes. Who knows? You may be eligible for more assistance. TurboTax makes reporting health insurance on your taxes easy, while helping you get your maximum refund, guaranteed. Previous Post Open Enrollment 2016 Timeline: Important Dates to Remember [Infographic] Next Post TurboTax 2016 Health Care Subsidy Calculator Written by TurboTaxBlogTeam More from TurboTaxBlogTeam Comments are closed. Browse Related Articles Tax News Intuit TurboTax April Report: A Look at Refunds and S… Tax Planning April 15 is the Tax Deadline: 6 Things You Need to Know… Tax Planning Unable to Pay Your Tax Bill? Here’s What To Do Tax Tips Tax Credits 101: What They Are & How They Work Business How to Know if You Should Invest in Business Insurance Tax Deductions and Credits What Is the Standard Tax Deduction for 2023 – 202… 401K, IRA, Stocks Should You Use Your 401(k) or Retirement to Pay Off Deb… Tax Planning What Happens If You Don’t Pay Taxes? Understanding Pe… Tax Deductions and Credits Family Taxes: Take Advantage of Tax Savings Taxes 101 How Much Do You Have to Make to File Taxes? Demystifyin…