MAGI Flashcards
Allison files taxes and claims her 2 nephews.
What is her tax household and size?
Tax household, size 3
Pia files taxes and claims her 5 children.
What is her tax household and size?
Tax HH, size 6
Molly (23) is being claimed by her parents next year. Her parents also claim Molly’s brother Kevin. What is her tax household and size?
Tax HH, size 4
Olivia (7) lives with her mother and father.
Her mother files taxes and claims her.
Her father does not file.
What is her tax household and size?
Non filer, HH 3 (meet exception)
Taylor (15) lives with her grandmother, Margo, who claims her on her taxes.
What is their tax household and size?
Taylor-Non filer HH, size 1 (meets exception)
Margo- Tax HH, sixe 2
John (34), his wife Hannah (30) and their son Evan (17) are in the home.
John and Hannah file taxes and claim their son Evan.
Evan also will file taxes next year.
Whose income counts?
John, Hannah and Evan.
Evan’s income counts because he files taxes.
Farrah (24) is pregnant. She lives with her husband Tim (25).
Farrah will file taxes separately from Tim next year.
What is Farrah’s tax HH, size and whose income counts?
Tax HH 3, Farrah and Tim’s income counts
note: the MAGI chart states to include ‘live in’ spouses if not already included
Molly (23) is being claimed by her parents next year.
Her parents also claim Molly’s brother Kevin.
Whose income counts?
Her parents
Allison is pregnant.
She lives with her spouse and will file taxes jointly next year.
What is her tax household and size?
Whose income counts?
Tax HH, size 3. (include the unborn)
Allison and her spouse’s income count.
Theresa (34) will claim her daughter, Essence, and Mike will claim his son, Andy.
Theresa and Mike are married but are not filing jointly.
What is their tax household and size?
Whose income counts?
Theresa- Tax HH size 3, her and Mike’s income counts.
Mike-Tax HH size 3, his and Theresa’s income counts.
Essence-Non filer HH (meets exception-lives with both parents who do not file jointly), Mike and Theresa’s income counts.
Andy-Non filer HH (meets exception-lives with both parents who do not file jointly), Mike and Theresa’s income counts.
