rjhat01
New Member

I calculating my modified adjusted gross income turbo tax appears to be adding the standard deduction of 14,600 to my adjusted gross income. Is this correct?

Turbotax is calculating a MAGI $14,600 greater than my AGI which is the value of the standard deduction. There is NO other combination of numbers I've entered into my taxes that would generate this. Is the Standard exemption part of the MAGI? I don't see that on the IRS site.