§418.1235. When will we stop using your more recent tax year's modified adjusted gross income to determine your income-related monthly adjustment amount?
20 C.F.R. § 418.1235
We will use your more recent tax year's modified adjusted gross income to determine your income-related monthly adjustment amount effective with the month and year described in § 418.1230 and for each year thereafter until one of the following occurs:
We receive your modified adjusted gross income from IRS for the more recent tax year we used or a later tax year;
Your more recent tax year modified adjusted gross income that we used is for a tax year more than 3 years prior to the income-related monthly adjustment amount effective year;
You request we use a more recent tax year based on another major life-changing event as described in § 418.1201; or
You notify us of a change in your modified adjusted gross income for the more recent tax year we used as described in § 418.1240.
Notes, amendments, and revision history
Authority
Authority: Secs. 702(a)(5) and 1839(i) of the Social Security Act (42 U.S.C. 902(a)(5) and 1395r(i)).
Source
Source: 71 FR 62931, Oct. 27, 2006, unless otherwise noted.
Source
Source: 70 FR 77675, Dec. 30, 2005, unless otherwise noted.