Obamacare Fine Calculation & MAGI

If you were without health insurance, for 3 or more full months during a calendar year, then Modified Adjusted Gross Income (MAGI) may need to be used for calculating an Obamacare fine. MAGI, when it’s above a certain income level, is a major part of an Obamacare penalty calculation under the ACA’s Minimum Essential Coverage requirement. MAGI is Truly … Read more »