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I have $25,000 of income. However, my AGI is negative due to a large net operating loss carry-forward. Does that affect my MAGI under the ACA. Is my MAGI $25,000 or negative?


Expert Barbara Blacklidge's Answer:

For ACA purposes, your MAGI is the amount on Line 37 of your 1040, Line 4 on your Form 1040EZ OR Line 21 of your Form 1040A. The following link contains excellent information which you may find helpful: http://laborcenter.berkeley.edu/pdf/2013/MAGI_summary13.pdf Please let me know if you require further information or clarification. Thank you and best regards, Barbara

Barbara Blacklidge, EA


17 yrs experience

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21 Ans.