Does the Making Work Pay MAGI include muni bond interest? Is it the same MAGI as any other MAGI or is it something new? (Do any MAGIs include muni bond interest yet?)
Dan Lanciani ddl@danlan.*com
Making Work Pay MAGI
Mar 09, 2010
1 Replies
MAGI for the MWP Credit is defined as AGI plus any income you excluded as foreign earned income and foreign housing cost (See Form 2555 or Code section 911) plus any income you excluded from a US possession or Puerto Rico under Code sections 931 and 933.
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