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The impact of savings bond interest on Modified Adjusted Gross Income (MAGI) for various federal programs, including the Affordable Care Act (ACA) and Social Security benefit tests.
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...
The lift income bands that determine who loses tax benefits based on modified adjusted gross income (MAGI) and raise IRA contribution limits, meaning more taxpayers qualify for full or partial deducti...