What number do I give to Covered CA for Income? MAGI – Line 37 plus… AGI or Line 43 Taxable Income.

Line 37 + … MAGI. That’s what the law says.

taxable-vs-agi-vs-magi

Modified Adjusted Gross Income  (MAGI) (2) … means adjusted gross income – Line 37 of the 1040   26 USC §62

increased by—

(i) IRC §91[foreign income] Form 2555

(ii) Tax-exempt interest (Line 8b) [IRS Coursework] [Form 8815  Interest Income   Investing Answers.com     ]the taxpayer receives or accrues during the taxable year; and

(iii) some Social Security Benefits  (Line 20a & b)   (UC Berkely One Page Summary)    CFR 1.36 B 1  George Town.edu

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