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Medical Services –Appendix E, Dependent Filing Requirements and MAGI Revised 01/24 Calculating a child’s income in MAGI: Child receives only SSA income: Is ½ the child’s yearly SSA equal to or less than $25,000? Yes—NONE of the SSA is taxable and you count $0 SSA for MAGI. You are done, no additional calculations needed. Enter the income amount the child receives as SSA income and Cúram will do the calculations for you. No—Some or all the SSA will be taxable, you will enter the full amount of the SSA income for MAGI. Example 1: Child receives $900.00 monthly SSA = $10,800 yearly SSA. ½ of $10,800 = $5,400.00. Since $5,400.00 is less than the base amount of $25,000, the child’s income is not taxable and therefore not counted in MAGI. Child receives SSA and other income: Is ½ the child’s yearly SSA plus all the other income equal to or less than $25,000? Yes—NONE of the SSA is taxable and you count $0 SSA for MAGI. Enter the income amount the child receives as SSA income and Cúram will do the calculations for you. No—Some or all the income may be taxable. If the other unearned income received or the earned income received are over the filing threshold amounts, all the child’s income is counted in MAGI. Example 2: Child receives $2,200.00 monthly SSA =$26,400 yearly SSA. ½ of $26,400 = $13,200. Child also receives $14,000 in yearly interest. $13,200 + $14,000 = $27,200. Since the child’s total calculated income is over the base amount of $25,000, some or all of the income may be taxable. Furthermore, since the other unearned income ($14,000 yearly interest) is over the threshold requirements of $1100.00, all the child’s income is counted in MAGI. Example 3: Child receives $2,200.00 monthly SSA =$26,400 yearly SSA. ½ of $26,400 = $13,200. Child also receives $13,000 in yearly earnings. $13,200 + $13,000 = $26,200. Since the child’s total calculated income is over the base amount of $25,000, some or all of the income may be taxable. Furthermore, since the earned income ($13,000 yearly earnings) alone is over the threshold requirements of $12,200.00, all the child’s income is counted in MAGI.