You'll need to sign in or create an account to connect with an expert.
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
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
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,
G
Here's details on Calculating AGI/MAGI.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
epvincent64
New Member
catblas-gmail-co
New Member
susanccortina-gm
New Member
kywilson1990
New Member
ClarkBurau
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.