Modified adjusted gross income (MAGI) adds certain amounts to your adjusted gross income (AGI). Find how to calculate it to claim certain tax benefits or deductions.

Dec 29, 2025 · Learn what modified adjusted gross income (MAGI) is, how to calculate it, and why it matters—from Roth IRAs to premium tax credits, Medicaid, and IRMAA surcharges.

To calculate your modified adjusted gross income, take your AGI and "add-back" certain deductions. Many of these deductions can be rare, so it's possible your AGI and MAGI can be identical. Different …

Feb 12, 2025 · Your modified adjusted gross income (MAGI) is simply your adjusted gross income (AGI) with certain adjustments added back in. Your MAGI is used to determine your eligibility for certain tax …

Modified Adjusted Gross Income (MAGI) in the simplest terms is your Adjusted Gross Income (AGI) plus a few items—like exempt or excluded income and certain deductions. The Internal Revenue Service …

3 days ago · Knowing your MAGI can help you figure out if you're eligible for certain tax deductions this filing season. Plus, learn how it differs from adjusted gross income.

Oct 22, 2025 · Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for certain tax benefits or tax breaks or to determine if you're …

Aug 10, 2025 · What Is Modified Adjusted Gross Income? MAGI includes AGI plus specific deductions for Roth IRA eligibility. Tax benefits like Child Tax Credit rely on MAGI levels. Understanding MAGI...

May 24, 2025 · What is modified adjusted gross income (MAGI)? How is MAGI calculated?

Jul 28, 2025 · What is Modified Adjusted Gross Income (MAGI)? - Jackson Hewitt. Understanding MAGI is essential for maximizing your tax benefits and ensuring you qualify for valuable credits and …