In the first 9 months of this year I had a relatively high income. However, I have no income since October. I used to have health insurance from my employer but now I am trying to get health insurance on the obamacare website (washington state) for the rest of the year (2 months).
Based on the website I qualify for tax credit to lower my health insurance premiums - as currently I have no income. That doesn't look right to me.
My question is whether I qualify for the tax credits for the months of November and December or not. I mean is the tax credit based on my yearly income including the months I worked or is calculated on a month-to-month basis.
In short: Currently I have zero income but I'll report a high income on my yearly tax return. Do I qualify for obamacare tax credits to lower my premiums for the months of no income?