Income Source MAGI: Medi-Cal/CHIP MAGI: Covered California Income Source MAGI: Medi-Cal/CHIP MAGI: Covered California Tax exempt foreign earned Count non-taxable Count income: foreign earnings identified on Form 2555 1040 line 21 Veteran’s disability benefits: Not counted Not counted Veteran’s pension benefit: Not counted Not counted Veteran’s education benefit: Not counted Not counted support received: Not counted Not counted Worker’s compensation Not counted Not counted Railroad retirement benefits: Count SSI benefits Not counted Not counted Welfare benefits and other Not counted Not counted public assistance payments: (Payments based on need, victims of crime, disaster relief) Foster Care and Adoption Generally not counted Generally not counted. Count payment to maintain a Assistance payments: Count payment to room for emergency foster care maintain a room for emergency foster care. Not counted Not counted Military allowances: Basic Allowance for Housing/ Basic Allowance for Subsistence (BAH/BAS)
Income Source MAGI: Medi-Cal/CHIP MAGI: Covered California Income Source MAGI: Medi-Cal/CHIP MAGI: Covered California Tax exempt foreign earned income: Count non-taxable foreign earnings identified on Form 2555 1040 line 21 Count Veteran’s disability benefits: Not counted Not counted Veteran’s pension benefit: Not counted Not counted Veteran’s education benefit: Not counted Not counted support received: Not counted Not counted Worker’s compensation Not counted Not counted Railroad retirement benefits: Count SSI benefits Not counted Not counted Welfare benefits and other public assistance payments: (Payments based on need, victims of crime, disaster relief) Not counted Not counted Foster Care and Adoption Assistance payments: Generally not counted Count payment to maintain a room for emergency foster care. Generally not counted. Count payment to maintain a room for emergency foster care Military allowances: Basic Allowance for Housing/ Basic Allowance for Subsistence (BAH/BAS) Not counted Not counted
UpdatedMAGI+Income+Sources1031.docx