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New Member
posted Oct 8, 2019 12:58:45 PM

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

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3 Replies
Level 15
Oct 8, 2019 1:57:40 PM

PLEASE SEE ANSWER PROVIDED BY @dmertz BELOW.

 

Level 15
Oct 8, 2019 3:23:51 PM

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.

 

Level 15
Oct 8, 2019 5:03:36 PM

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

 

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