MAGI definition

MAGI means modified adjusted gross income. It is a methodology used to determine eligibility for Washington apple health (medicaid), and is defined in WAC 182-500-0070.
MAGI means Modified Adjusted Gross Income and has the meaning provided at IRC 36B(d)(2)(B) and generally means federally taxable income with the following exceptions:
MAGI means modified adjusted gross income, as calculated for purposes of determining eligibility for insurance affordability programs under the Affordable Care Act.

Examples of MAGI in a sentence

  • If your modified adjusted gross income (MAGI) as reported on your IRS tax return is above a certain amount, you will pay an extra amount in addition to your monthly plan premium.

  • Section 6.2 How much is the extra Part D amount?If your modified adjusted gross income (MAGI) as reported on your IRS tax return is above a certain amount, you will pay an extra amount in addition to your monthly plan premium.

  • Married individuals filing a separate income tax return with MAGI equaling or exceeding $10,000 may not fund a Roth IRA.

  • If you are an active participant (or are married to an active participant), the deductibility of your IRA contribution will depend on your modified adjusted gross income (MAGI) and your tax filing status for the tax year for which the contribution was made.

  • To determine the amount you may contribute to a Xxxxxxxxx Education Savings Account, you can refer to IRS Publication 970: MAGI for a Xxxxxxxxx ESA and Xxxxxxxxx ESA Contribution Limit.


More Definitions of MAGI

MAGI means Modified Adjusted Gross Income and is used in determining eligibility based on annual income as described in 410-200-0310(4). MAGI has the meaning provided at IRC 36B(d)(2)(B) and generally means federally taxable income with the following exceptions:
MAGI means Midwest Air Group, Inc., a Debtor in these Chapter 11 Cases.
MAGI means modified adjusted gross income as defined under 26 U.S.C. § 36B(d)(2)(B);
MAGI means modified adjusted gross income, adjusted by any amount excluded from gross income under section 911 of the IRS Code, and any interest accrued.
MAGI means Modified Adjusted Gross Income, the figure used to determine eligibility in Washington Healthplanfinder for Washington Apple Health and QHPs.
MAGI means modified adjusted gross income, as calculated for purposes of determining or redetermining eligibility for insurance affordability programs under the Affordable Care Act, as defined in 26 CFR §1.36B-1(e)(2).