Get your taxes done using TurboTax

There are several ways to calculate the MAGI for different things.   I don't know what the MAGI for ACA would include or get added back.  As far as taking investment losses.  That could only save you 3,000 max.   After you net the losses against any profits  you can only deduct up to 3,000 (1,500 MFS) per year.