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Deductions & credits
No.
On form 1040 item 6a calls for social security benefits. Then item 6b calls for the taxable amount of your social security income.
It does say to only total up the b's, which I hadn't noticed.
But online it says your MAGI includes your social security income, and DEFINITELY your total social security income figures into your total income for the premium tax credit for marketplace insurance, BECAUSE it's the MAGI on your tax return.
Actually the MAGI is a healthcare.gov limited figure computed by adding your adjusted gross income from 1040 line 11, PLUS your total social security income, plus a few other things.
But it intuitively doesn't make much sense that the earned income tax credit would be based on taxable social security instead of social security. Can you please refer me to somewhere specific where it says that it is. Make a mistake on this and you're in serious trouble with the IRS. I'd owe $660, plus interest, and be in disgrace for years. Google is not pointing me to anything specific about it.