Being self employed with a varying income, There is some (before) year end work to do.
I am falling below the threshold for the ACA subsidies - I'm not in a Medicaid state - and need to raise my income to match what I projected when I signed up in the Marketplace enrollment.
I did a rough look at my taxes and figured the shortfall. I will need to convert some of an IRA to a Roth IRA. This will count as income and get me where I need to be.
I am semi-retired and have the savings to do this. I know others will have a tougher time.
So, if you are in the same boat - get it done before the year end!
On the other hand, If you need to lower your AGI , you have till tax time to make that IRA contribution.
I am not an accountant and my knowledge comes from doing my own taxes and what I can find on the web.
Here is an article from a reputable source that deals with this subject.
http://kaiserhealthnews.org/...