pk
Level 15
Level 15

Get your taxes done using TurboTax

@rmilling3165 ,

Whereas I have not tried out a scenario  for the use of form 8960  for an individual as described in your post but clearly Social Security  and similar items are not included in the computation of MAGI --- .>>

https://www.irs.gov/pub/irs-pdf/i8960.pdf

 

"  Gross income and net gain specifically excluded by section 1411, related regulations, or other guidance published in
the Internal Revenue Bulletin.
Examples of excluded items are:
• Wages,
• Unemployment compensation,
• Alaska Permanent Fund Dividends,
•Alimony,
•Social security benefits,
•Tax-exempt interest income,
•Income from certain qualified retirement plan distributions, and
•Income subject to self-employment tax  "
 
Will forward your post to powers be  for attention ( if not already fixed ) --- thank you for bringing  this to attention of community
 
pk