I haven't been able to find an answer on the web for this. So this question is for forum members with more experience with Obamacare than I've had (so far on my 7th month using the marketplace for my health insurance), particularly with income levels necessary to receive cost-sharing benefits.
I have some mutual funds that I want to sell this year (or as soon as possible) to convert to index funds. While it's my goal to sell just enough to keep me in the 15% tax bracket (and thus pay 0 on long term gains) I'm also being mindful of the effect such transfers could have on my healthcare subsidies.
My wife is due with our first in October and I'll be attempting to keep our income below 200% of the federal poverty level, which would be $32,040 for 2 people. Would the addition to the family be effective beginning in the month of birth or does it extend to the calendar year (thereby meaning I only need to keep income below $40,320 for the year of 2016)? Does that question make sense?