How do I estimate my income if I am self-employed or a gig worker?
Calculating net income and business expenses for marketplace applications.
When applying for an ACA plan, you should estimate your Net Self-Employment Income rather than your gross revenue. Net income is your gross income minus ordinary and necessary business expenses.
You can use your most recent Schedule C tax form, current profit and loss statements, or monthly business ledgers as a baseline guide. Remember to update the marketplace if your earnings change significantly during the year.