### Question
How is the term modified adjusted gross income defined?


### Answer
The term **modified adjusted gross income** is defined in *26 U.S.C. § 36B* as the following:

> adjusted gross income increased by—


(i) any amount excluded from gross income under section 911, and


(ii) any amount of interest received or accrued by the taxpayer during the taxable year which is exempt from tax

#### Citation:
  - *26 U.S.C. § 36B*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter A-Determination of Tax Liability > PART IV-CREDITS AGAINST TAX > Subpart C-Refundable Credits**

