Page 99

MAGI: Adjustments 99  Tax adjustments must be subtracted from an individual’s income  Common adjustments among individuals eligible for Medicaid and CHIP are likely to include certain self-employment expenses, most contributions to IRAs, alimony paid, and student loan interest  The term “deductions” is often used on applications to refer to tax adjustments For additional information on tax adjustments see IRS Publication 17 at http://www.irs.gov/pub/irs-pdf/p17.pdf Comparing Results to Eligibility Levels Determining Household Income Constructing a Household Purpose