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Level 6
December 30, 2022
Question

Modified AGI and obamacare Tax

  • December 30, 2022
  • 2 replies
  • 31 views

I only have passive income (dividend, interest, Capital gain (ST and LT) and some deferred income (K1). So currently there is no medicare and SS taxes.

 

Would  obamacare tax (3.8%) apply to me once total MAGI increased to more than $200/$250 K (single/married)?

 

How to calculate MAGI?

    2 replies

    Level 15
    December 30, 2022
    sam992116Author
    Level 6
    December 30, 2022

    thanks