Our 25-year-old adult daughter with multiple disabilities qualified for a 2024 Healthcare Marketplace subsidy based on a projected income of $16,000. However, her job ended unexpectedly in July, and she has been unable to find work (even part-time). Her income will fall well short of the projected income…and the federal poverty level. Her Mon and I are on Social Security and could not add her to our policy. She was denied state-based medical coverage because she did not qualify. Additionally, she has no savings or assets. I have been told the IRS will "waive" the penalty because of her falling below the federal poverty level. What is your opinion?
