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

  • Modified adjusted gross income is adjusted gross income plus tax exempt interest income, and is determined by excluding any gain recognized on the disposition of the residence.


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 means the financial-eligibility methodology prescribed in 42
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 methodology to determine income eligibility prescribed by 1902(e)(14) of the Social Security Act (42 U.S.C. § 1396a(e)(14)).