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Retirement tax questions
@Mtnbyke wrote:
Interesting but does not address the issue of CALCULATING MAGI for IRMAA.
As stated above, calculating MAGI for IRMAA is simply a matter of adding two numbers on your tax return (one of which is zero for most people). See the earlier answer above.
Also note that you have no way of knowing which year's MAGI the Social Security Administration will use to calculate your IRMAA, since it depends on the IRS response to their inquiry.
March 7, 2020
5:43 PM