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CS Zh
New Member

Where do I find my magi?

For the purpose of determine the Medicare premium,  your MAGI is your total adjusted gross income and tax-exempt interest income.  See Social Security form SSA-44, Step 3 – Modified Adjusted Gross Income

Where do I find my magi?

you also need to calc your MAGI to determine what your future Medicare payment IRMAA will be. 

It is based upon your previous 2yr amount of your MAGI - 

In our case, the MAGI is our AGI plus our tax-exempt muni interest ... giving the MAGI calc 

gee123
New Member

Where do I find my magi?

I want to second what a previous post said. I am disappointed that Turbo Tax does not show the calculate MAGI. It is an important value that they must have. Seems like a small feature that would bring value. 

Cheers, 

MarilynG1
Expert Alumni

Where do I find my magi?

Here's details on Calculating AGI/MAGI.

 

  • Your MAGI (modified adjusted gross income) is your AGI plus certain deductions you must “add back.”  These deductions include IRA contributions, student loan interest, one-half of self-employment tax, qualified tuition expenses, and more.
  • Your MAGI is used as a basis for determining whether you qualify for certain tax deductions, including whether or not your contributions to an individual retirement plan are deductible.

@gee123

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