By: Byron Gross, David Machledt, and Wayne Turner
Executive Summary
NHeLP is pleased to release the updated Advocate’s Guide to MAGI. This Guide to Modified Adjusted Gross Income (MAGI) includes new sections on ACA tax filing and reporting requirements, and clarifies commonly asked questions such as when to count the Social Security income of dependents. We also updated IRS tax filing thresholds and exemption amounts, and it also has links to new IRS publications.
The ACA established new rules for counting income and family size to determine eligibility for insurance affordability programs, including subsidized health insurance through the Marketplaces, Medicaid and CHIP. These new MAGI rules are applicable nationwide and can be complex. NHeLP?s Advocate?s Guide to MAGI is our free resource designed to help advocates understand and apply these new income counting and household composition rules. The Guide explains in detail how MAGI works, including who is and who is not subject to MAGI, the types of income counted and excluded, and how to figure out who is in an applicant?s ?household? for determining eligibility.