4) Pre-tax deductions from gross income

Official source

The customer and her spouse work and both have pre-tax deductions taken from their pay. The customer provides recent paystubs from their jobs.

She is paid bi-weekly and the paystubs show several deductions from gross pay, which are listed in two separate boxes on the paystub. One box is titled “Pretax deductions”, and the second box is titled “Other Deductions”. The Pretax Deductions box shows deductions for health insurance and retirement totaling $132.00 per pay period. The customer is given a MAGI deduction for $132.00 bi-weekly.

The customer’s spouse is paid weekly. His paychecks also show multiple deductions, but they are all listed together in one box. However, one deduction for $28.00 has an asterisk at the end. At the bottom of the paystub, it explains that deductions with an asterisk are taken pretax. The customer’s spouse is given a MAGI deduction for $28.00 weekly.

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4) Pre-tax deductions from gross income

Official source

The customer and her spouse work and both have pre-tax deductions taken from their pay. The customer provides recent paystubs from their jobs.

She is paid bi-weekly and the paystubs show several deductions from gross pay, which are listed in two separate boxes on the paystub. One box is titled “Pretax deductions”, and the second box is titled “Other Deductions”. The Pretax Deductions box shows deductions for health insurance and retirement totaling $132.00 per pay period. The customer is given a MAGI deduction for $132.00 bi-weekly.

The customer’s spouse is paid weekly. His paychecks also show multiple deductions, but they are all listed together in one box. However, one deduction for $28.00 has an asterisk at the end. At the bottom of the paystub, it explains that deductions with an asterisk are taken pretax. The customer’s spouse is given a MAGI deduction for $28.00 weekly.