form 8962 wrong AGI?

[MFonseca]

 

My  form 8962 is not calculating the correct AGI but the full income earned How would I fix  or adjust this ?

MAGI on form 1040 is$ 19963, so why on form 8962 is the total my husband received from social security for his disability for years 2022, 2023, 2024 $ 123809.30  we are doing the lumpsum and we had to pay back $57867.30 to the insurance . 2022 $41787.30 and for 2023 $16080, this is affecting the total real income received for 2024 and the marketplace is based on the total income received for 2024

[KeshaH]

Line 11 on Form 1040 is your adjusted gross income. Line 2a on Form 8962 is your modified adjusted gross income. These two numbers may not be the same, as in your case.

For the premium tax credit, the modified adjusted gross income is calculated by adding back nontaxable income such as tax exempt interest, foreign earned income, and nontaxable social security benefits to your adjusted gross income. Since you received the lump sum social security benefits in 2024, this income is added to the household income.