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Education
Thanks
but the Nj famcare website says specifically that they moved to using modified adjusted gross income so that it would be uniform and they specifically say that it’s defined the same way as the tax code. And they require taxes. So the definitions that say the modified adjusted gross income adds back certain deductions that you had taken - is not the general definition?
I was going to screenshot it here from the New Jersey family care website but I can’t figure out how to do it - It does reference using the modified adjusted gross income as defined by the tax code.
When you say there’s not one definition do you mean because everybody would add back their deductions and they could all vary.
my question is do you deduct or add back the deductions that you took?
And are you saying that even that can vary that somewhat Definitions have you deduct from your adjusted gross income and that’s your modified adjusted gross income or some can have you add to your modified adjusted gross income certain deductions that you had taken. In this case it would be an IRA and everything I read said to add it back in except for one article by a low income legal service that said you deduct it however like I said the New Jersey family care website says to use modified adjusted income as per the tax code.
So in general would that the adding back certain deductions or subtracting certain deductions? Thanks again.