"The figure used to determine eligibility for premium tax credits and other savings for Marketplace health insurance plans and for Medicaid and the Children's Health Insurance Program (CHIP). MAGI is adjusted gross income (AGI) plus these, if any: untaxed foreign income, non-taxable Social Security benefits, and tax-exempt interest.
For many people, MAGI is identical or very close to adjusted gross income."
出租屋收入。比如一个月收$2000租金。$2000x12=$24000.
Taxes税=$4000. 修理=$3000, HOA=$1200. depreciation 折旧=10000.保险=$200.贷款=$600
这个多少算net rental income?
它家网上定义：
Net rental incomeThe amount someone pays you to use your property, after you subtract the expenses you have for the property.
https://www.healthcare.gov/glossary/net-rental-income/
好吧我做个好事帮他骂你一顿算了：Exactly which part of this sentence did you NOT understand?
The amount someone pays you to use your property, after you subtract the expenses you have for the property.
24000 - 4000 -3000 - 1200 - 10000 - 200 - 600 = 5000
另外，贷款利息为什么这么少？只有600？
https://www.healthcare.gov/glossary/modified-adjusted-gross-income-magi/
"The figure used to determine eligibility for premium tax credits and other savings for Marketplace health insurance plans and for Medicaid and the Children's Health Insurance Program (CHIP). MAGI is adjusted gross income (AGI) plus these, if any: untaxed foreign income, non-taxable Social Security benefits, and tax-exempt interest.
For many people, MAGI is identical or very close to adjusted gross income."AGI 就是1040 line 11. see https://www.irs.gov/pub/irs-pdf/f1040.pdf
Now, AGI on line 11包括 1040 line8， which is from "schedule 1， line 10" see https://www.irs.gov/pub/irs-pdf/f1040s1.pdf
schedule 1， line 10 是 combine lines 1 through 7 and 9, 其中schedule 1 line 5 是 rental real estate .... attach schedule E
Now, you go to schedule E, Its calculation would somehow looks like this:
Annual rental income = 24000. Taxes税=$4000. 修理=$3000, HOA=$1200. depreciation 折旧=10000.保险=$200.贷款=$600
24000 - (4000+3000+1200+10000+200+600) = 5000.
So you have 5000 net rental income.
他的问题是投资房没有报过税。如果有贷款有折旧，房租收入基本上都抵消光，不会增加AGI。