it’s your household income – your modified adjusted gross income (magi) to be specific – that determines whether you’ll be eligible for a tax credit that lowers the cost of your health insurance or qualify for medicaid starting in 2014. in most cases magi is the same adjusted gross income or agi. you can find your agi by looking at your tax return. here’s where you can easily find the agi depending upon the tax form you use: form 1040 ez – line 4 form 1040a – line 22 form 1040 – line 38
how is income level determined under the terms of obamacare? i am retired 63 - not yet eligible for medicare.