Modified adjusted gross income definition

Modified adjusted gross income means “federal adjusted gross income”:

Modified adjusted gross income. (MAGI) means income as defined in Section 36B(d)(2)(B) of IRC (26 USC § 36B(d)(2)(B)) and in 26 CFR Section 1.36B-1(e)(2).

Modified adjusted gross income means Ohio adjusted gross income plus any amount deducted under divisions (A)(28) and (34) of this section for the taxable year.

Examples of Modified adjusted gross income in a sentence

• Thus, taxpayers with modified adjusted gross income above $50,000 (or $100,000 for joint filers) may not claim an edu- cation tax credit.(2) Modified adjusted gross income de- fined.

• If during discussions there is a need for any substantial clarification or change in the RFP, the RFP shall be amended by an addendum to incorporate such clarification or change.Addenda to the RFP shall be distributed only to priority listed Offerors who submit acceptable or potentially acceptable proposals.

• For purposes of this division, "franchisor" and "franchisee" have the same meanings as in 16 C.F.R. 436.1. (II) "Modified adjusted gross income" means Ohio adjusted gross income plus any amount deducted under divisions (A)(28) and (34) of this section for the taxable year.

• Taxpayers with modified adjusted gross income of$55,000 or above (or $75,000 or above for joint filers) are not allowed adeduction under section 221.(2) Modified adjusted gross income defined.

• Modified adjusted gross income means adjusted gross income (within the meaning of section 62) increased by (1) amounts excluded from gross income under section 911, (2) the amount of any tax-exempt interest a taxpayer receives or accrues during the taxable year, and (3) an amount equal to the portion of the taxpayer’s social security benefits (as defined in section 86(d)) which is not included in gross income under section 86 for the taxable year.

More Definitions of Modified adjusted gross income

Modified adjusted gross income means the methodology prescribed in 42 U.S.C. Section 1396a(e)(14) and 42 CFR 435.603.

Modified adjusted gross income means the methodology prescribed in 42 U.S.C. Section 1396a(e)(14) and 42 CFR 435.603 as amended to April 1, 2013.

Modified adjusted gross income or "MAGI" means an amount of income, as determined pursuant to section 1902 (e)(14) of the federal "Social Security Act", that is used to establish eligibility for medical assistance.

Modified adjusted gross income or "MAGI" means MAGI-based income as calculated in accordance with 42 CFR 435.603(e).

Modified adjusted gross income means Ohio adjusted gross income plus any amount deducted under division (A)(28) of this section for the taxable year.

Modified adjusted gross income means the financial-eligibility methodology prescribed in 42

Modified adjusted gross income. (MAGI or MAGI-based income) means the income methodology used for determining medical assistance eligibility for children through age eighteen, parents, caretaker relatives, pregnant women, and adults age nineteen through sixty-four.