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• • MAGI: Social Security Benefits 96 Social Security Benefits All Social Security benefits are counted as part of an individual’s MAGI-based income However, in determining whether a child’s or tax dependent’s income is expected to meet the filing threshold, only the taxable portion of Social Security benefits is counted 2  Except in rare cases, a child or tax dependent’s Social Security benefits will not be taxable unless the child/tax dependent has other income which itself (i.e., not counting Social Security benefits) exceeds the tax filing threshold  See IRS Publication 915 to:  Determine whether any portion of Social Security benefits may be taxable, and  If a portion of benefits may be taxable, how to determine the actual taxable amount Comparing Results to Eligibility Levels Determining Household Income Constructing a Household Purpose