I have an income of $16,000 from renting property, and i receive a social security benefits around $8,000, that mean i made $24,000 or the SSB not calculated as income???

[Tax-prep]

the insurance will determine my payment biased on my income but are they taking AGI $16,000 or $24,000???

[Just-Lisa-Now- · Accepted solution]

What kind of insurance company?  Is this for the ACA health coverage?  

ACA looks at MAGI (modified AGI) which includes all SS income, not just the taxable portion.

[Tax-prep]

Marketplace insurance: California

[Just-Lisa-Now-]

Yes, Covered CA uses MAGI, so the full 24000 would be your MAGI if that's all the income you have.

[Tax-prep]

Thank you so much!