How much of your Pension & Annuity Income goes on line 4 of IRS 1040 and

thus counts towards MAGI Income for Covered CA subsidies?

Just the Count Taxable Portion of your income counts

Covered CA Countable Income  

Reported on 1099-R   Form 1099-R     Instructions for Forms 1099-R and 5498 (HTML)

​2019 1040 Form   

Line 8b Adjusted Gross income then add line 2a, 5a &

7a (Foreign Income)

to get Covered CA MAGI Income


2019 Schedule 1  Additional Income & Adjustments to Income

Contributions – Deductible

  • Contributions you make to an IRA may be fully or partially deductible, depending on which type of IRA you have and on your circumstances; and
  • Generally, amounts in your IRA (including earnings and gains) aren’t taxed until distributed. In some cases, amounts aren’t taxed at all if distributed according to the rules. Publication 590

See Publication 560 for Small Biz Retirement plans

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2 comments on “Annuity Income? IRA, Pension # 1040 Line 4

  1. I have just begun to receive retirement income that will make me ineligible to continue to receive Medi-cal benefits.

    I have questions about the Kaiser Program…

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