Roth Conversions and the ACA Submitted by Don Warnke on Wed, 2015-11-25 14:18 Do roth ira conversions count as income when determining possible tax credits for Obamacare? Flag as spam
Permalink Submitted by David Mertz on Wed, 2015-11-25 16:46
Yes, the taxable amount of retirement account distributions, including Roth conversions, is included in the modified AGI used to determine the ACA Premium Tax Credit.
Permalink Submitted by Alan - IRA critic on Wed, 2015-11-25 16:47
Yes, the taxable portion of a conversion is included in the MAGI definition. A conversion is considered an IRA distribution in the attached chart: http://laborcenter.berkeley.edu/pdf/2013/MAGI_summary13.pdf