IRS Learning – Understanding Taxes

View our webpage on IRS # 1040
View our webpage on IRS # 1040
1040 Instructions
1040 Instructions

IRS Publication 17 - Federal Income Tax for Individuals 288 pages
IRS Publication 17 – Federal Income Tax for Individuals 288 pages

IRS Form # 1040 * Instructions Line 37 AGI is the basis for Modified Adjusted Gross (MAGI) Income to get your ACA Obama Care tax subsidy.

Please though, it’s not what you did last year, it’s what do you expect to do for the current year as it all get’s reconciled when you file form 8962 with your 1040!

Line 61 is where you put in the amount of tax you owe if you don’t get proper coverage under the individual mandate.

Income & Adjustments – See MAGI and MAGI FAQ’s

Links & Resources

IRS Publication #5187 Health Law – What’s New

#974 Premium Tax Subsidy

Free Tax Help by volunteers VITA

See other publications and links in the first sidebar on the right.

Publication 17  Your Federal Income Tax

tax forms and taxpayer information publications are available on IRS.gov.

 

Child  Pages

 

Leave a Reply

Your email address will not be published.