According to the instructions for form 8962 MAGI includes interest on tax exempt income. However, I do not see any tax exempt interest on any 1099-INT.
MAGI Worksheet is lower (same as AGI) than MAGI on 8962
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To check the MAGI calculation in TurboTax for Windows CD/Download,
If you file Form 1040, your MAGI is calculated by adding the amounts reported on Form 1040, lines 8b and 37. If you claimed the foreign earned income exclusion, housing exclusion, or housing deduction, add the amounts from Form 2555, lines 45 and 50, or Form 2555-EZ, line 18. If your dependent has a filing requirement, but you elect to report the dependent's income on Form 8814, include the dependent's MAGI in the household income by adding Form 8814, line 1b, and the smaller of Form 8814, line 4 or 5.
To check the MAGI calculation in TurboTax for Windows CD/Download,
If you file Form 1040, your MAGI is calculated by adding the amounts reported on Form 1040, lines 8b and 37. If you claimed the foreign earned income exclusion, housing exclusion, or housing deduction, add the amounts from Form 2555, lines 45 and 50, or Form 2555-EZ, line 18. If your dependent has a filing requirement, but you elect to report the dependent's income on Form 8814, include the dependent's MAGI in the household income by adding Form 8814, line 1b, and the smaller of Form 8814, line 4 or 5.
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