Estimate your MAGI Income for Covered CA

How to #Estimate MAGI Income for Covered CA?

• From the AGI above,  Line 11 Add back in any
  • foreign income,
  • Social Security benefits and
  • interest that are tax-exempt.
  • View our main webpage on estimating income
• • 
  •  
  • Covered CA Job Aid Countable Sources of Income 
  • At the end of the year when you file taxes  1040 - you also file Premium Tax Credit Form 8962 to reconcile your estimate with the actual and either get money back or pay more.
  • Report changes to income and household status within 30 days, to avoid surprises.