How do I figure my 2018 MAGI that my 2020 Medicare Part B premiums will be based on?

yates2esmedina · ‎October 8, 2019

Kat · ‎October 8, 2019

PLEASE SEE ANSWER PROVIDED BY @dmertz BELOW.

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***

dmertz · ‎October 8, 2019

Kat, the MAGI you originally provided is for ACA purposes. MAGI for Medicare Part B and Part D IRMAA purposes is simply AGI plus tax-exempt interest income, 2018 Form 1040 line 7 plus line 2a.

Kat · ‎October 8, 2019

@dmertz , Thanks! I didn't realize that there were different methods.

@yates2esmedina Please see the correct answer kindly provided by SuperUser @dmertz .

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***

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How do I figure my 2018 MAGI that my 2020 Medicare Part B premiums will be based on?