What types of income are generally not included on Marketplace applications?

The correct answer focuses on income types that are generally excluded from the calculation of modified adjusted gross income (MAGI) when completing Marketplace applications. This specifically includes alimony received after the Tax Cuts and Jobs Act changes that took effect in 2019 and non-taxable disability pensions.

Under the law, alimony payments received for divorces finalized after December 31, 2018, are no longer considered taxable income to the recipient. This change means that recipients of alimony do not have to report that money as income, which subsequently is not included in the calculation for Marketplace eligibility and subsidies. Non-taxable disability pensions also are not counted as income because they are designed to compensate individuals for lost earnings due to disability and are not taxable.

The other types of income listed in the options include various forms that might be considered in income assessments for the Marketplace. For example, tips and Social Security income are often factored into the income calculations. Similarly, worker's compensation and child support generally are considered as income. Gifts and most forms of veteran's benefits, while some may be excluded, often are not universally excluded. Understanding these nuances in income definition is crucial for accurately assessing eligibility for financial assistance in the Marketplace.