---
kind: "section"
citation: "20 C.F.R. § 418.1245"
title: "20"
number: "418.1245"
heading: "What will happen if you notify us that your modified adjusted gross income for the more recent tax year changes?"
url: "https://uscodex.org/cfr/20/418.1245"
---

# §418.1245. What will happen if you notify us that your modified adjusted gross income for the more recent tax year changes?

- (a) If you notify us that your modified adjusted gross income for the more recent tax year has changed from what is in our records, we may make a new initial determination for each effective year involved. To make a new initial determination(s) we will take into account:
  - (1) The new modified adjusted gross income information for the more recent tax year you provide; and
  - (2) Any modified adjusted gross income information from IRS, as described in [§ 418.1135](/cfr/20/418.1135.md), that we have available for each effective year; and
  - (3) Any modified adjusted gross income information from you, as described in [§ 418.1135](/cfr/20/418.1135.md), that we have available for each effective year.
- (b) For each new initial determination that results in a change in your income-related monthly adjustment amount, we will make retroactive adjustments that will apply to all enrolled months of the effective year.
- (c) We will continue to use a new initial determination described in [paragraph (a)](#a) of this section to determine additional yearly income-related monthly adjustment amount(s) until an event described in [§ 418.1235](/cfr/20/418.1235.md) occurs.
- (d) We will make a new determination about your income-related monthly adjustment amount when we receive modified adjusted gross income for the effective year from IRS, as described in [§ 418.1140(d)](/cfr/20/418.1140.md?p=d).

## Notes

### 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.