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 is used in determining eligibility based on annual income as described in OAR 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 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:
Examples of MAGI in a sentence
Married individuals filing a separate income tax return with MAGI equaling or exceeding $10,000 may not fund a ▇▇▇▇ ▇▇▇.
Your contribution may be further limited if your MAGI falls within the minimum and maximum thresholds.
You are eligible to make a regular contribution to your ▇▇▇▇ ▇▇▇, regardless of your age, if you have compensation and your MAGI is below the maximum threshold.
Married individuals filing a joint income tax return with MAGI equaling or exceeding $203,000 (for 2019) or $206,000 (for 2020) may not fund a ▇▇▇▇ ▇▇▇.
Single individuals with MAGI equaling or exceeding $137,000 (for 2019) or $139,000 (for 2020) may not fund a ▇▇▇▇ ▇▇▇.
More Definitions of MAGI
MAGI means modified adjusted gross income, as calculated for purposes of determining eligibility for insurance affordability programs under the Affordable Care Act.
MAGI means modified adjusted gross income, adjusted by any amount excluded from gross income under 26 U.S.C. § 36B of the IRS Code, and any interest accrued.
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, the figure used to determine eligibility in Washington Healthplanfinder for Washington Apple Health and QHPs.
MAGI means modified adjusted gross income;
MAGI means Modified Adjusted Gross Income. It is a way of calculating income to better reflect low income expenditures.