By skyforbes Hello! Gonna try to make this as specific and non-rambling as possible.
I'm in PA, I get medicaid through MAGI, I am set to make far under the 21k-ish annual income limit for PA. I usually make about 1200-1500 monthly, so I'm also far below the 1700-ish monthly limit. I didn't work the first half of the year while I was looking for a job, so my annual income will probably be maybe 10k-ish. My monthly income will drop significantly when college starts back up.
My "issue" is that I won a decently sized scholarship, that combined with pell + PHEAA grant means I'm getting about $1500 in cash as a refund. This is 100% scholarships and grants, so it is considered taxable income, and I have paid taxes on my refunds in the past.
My question is, since this 1500 combined with my normal monthly income will push me way above the monthly income limit, will I lose my medicaid? I understand that it's taxeable income, but this is such a ncihe situation that I can't really find a cohesive answer as to whether it's considered income for medicaid and whether I have to report it.
Additionally, even though I'll receive it likely before the semester starts, I don't actually know 100% how much of that is taxeable income until classes start and I pay for books/supplies (these are considered educational expenses and can be deducted from the refund). So, should I report it as soon as I get it, or wait to see what I'm taking out of it?
Thanks for any help, I can not for the life of me get ahold of anyone at my local department OR the statewide apartment. I was on hold for 2+ hours the other day and had to give up and go to work đ