When estimating your taxable income on your health insurance application, you may have to include types of unemployment benefits, including
- Unemployment Income
- Federal Pandemic Unemployment Compensation (FPUC) $600 unemployment bump
- One-time federal recovery rebate or stimulus payment ($1,200 per adult and $500 per qualifying child)
Tips for entering unemployment income:
If you are applying or updating your income, when entering unemployment income, you should enter your monthly income as it is right now, without the $600 weekly in additional unemployment income. Also, exclude the one-time federal recovery rebate or stimulus payment of $1,200. Regular unemployment benefits should be reported as income on your application. From there, enter your expected yearly income based on what you think you’ll make over the course of the year.
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