Hi NCPerson,
There is conflicting information on whether MAGI includes foreign income or not.
Page 2 of the document at https://www.healthcare.gov/downloads/consumer_guide_for_household_income_booklet.pdf says :
Your MAGI is the total of:
Adjusted Gross Income (AGI) amount from your household’s federal income tax return
+ Any foreign income excluded from AGI
+ Nontaxable Social Security benefits, including tier 1 railroad retirement benefits
+ Tax-exempt interest received or accrued during the tax year
that means MAGI should include Foreign income excluded from AGI.
However, on the link https://www.healthcare.gov/income-and-household-information/income/ you suggested, it says foreign income is excluded from MAGI used to calculate healthcare benefits. Calling healtcare.gov, their customer services reps don't give a conclusive answer. They simply ask to submit the documents and then wait.
Is there a way to reconfirm which of the above document holds true in case of conflict?
