Do You Know What Your Modified Gross Income is?

If not, 76800058no ObamaCare subsidy for you.

[Y]our “adjusted gross income”…can be found on line 37 of your 1040 tax return form. But it requires that you add back certain items like nontaxable Social Security income, tax-exempt interest and foreign-earned income…

The figure also includes income from items like dividends, interest, real estate and retirement account withdrawals. (More)

11 thoughts on “Do You Know What Your Modified Gross Income is?”

  1. Why doesn’t the application process just say if you have other income besides wages, you probably won’t qualify for a subsidy.

    1. Agreed, Obama is trying to re-invent the wheel. Instead of wasting all of these tax dollars to help a handful of people, just inform people about HSAs

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