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JoH8
Returning Member

For IRMAA, is MAGI sum of line 11 plus tax exempt interest? My line 11 has a deductible IRA contrib. Does IRA contribution need to be added back to get to MAGI or not?

I have gotten 3 different answers here and I am confused.   Is MAGI calculated differently for different criteria?  I am only interested in IRMAA.
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dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

For IRMAA, is MAGI sum of line 11 plus tax exempt interest? My line 11 has a deductible IRA contrib. Does IRA contribution need to be added back to get to MAGI or not?

No.  MAGI for the purpose of Medicare IRMAA is line 11 plus line 2a of Form 1040.

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2 Replies
dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

For IRMAA, is MAGI sum of line 11 plus tax exempt interest? My line 11 has a deductible IRA contrib. Does IRA contribution need to be added back to get to MAGI or not?

No.  MAGI for the purpose of Medicare IRMAA is line 11 plus line 2a of Form 1040.

JoH8
Returning Member

For IRMAA, is MAGI sum of line 11 plus tax exempt interest? My line 11 has a deductible IRA contrib. Does IRA contribution need to be added back to get to MAGI or not?

Thank you.   That is what I thought but I have been given conflicting information from financial advisors. 

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