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The ACA premium tax credit and its relation to MAGI calculations, specifically how savings bond interest is treated.
The Premium Tax Credit (PTC) repayment caps for the 2025 tax year limit how much a taxpayer with household income under 400 percent of the federal poverty level (FPL) must repay if advance payments (A...
Federal savings‑bond interest ordinarily flows into gross income and therefore into adjusted gross income (AGI) — and whatever a particular program defines as MAGI will usually start from AGI — but ex...
does not publish a single, universal list of “add‑backs”; instead it embeds the exact add‑backs for each in the worksheets and instructions tied to the specific form or Publication that governs that b...
Modified adjusted gross income () starts with the AGI on Form 1040 and then adds back specific nontaxable items — chiefly untaxed foreign income, non‑taxable Social Security benefits and tax‑exempt in...