- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
No, there isn't a standardized table provided by TurboTax. As you mentioned, the calculation of MAGI is different depending on the deduction. For example, to deduct a traditional IRA requires a MAGI calculation where the following are added to AGI (adjusted gross income):
- The IRA deduction itself
- Student loan interest deduction
- Foreign earned income exclusion and housing deduction
- Excludable savings bond interest
For a Roth IRA deduction, the MAGI includes the following add ons to the AGI:
- Student loan interest
- 1/2 of Self employment tax paid
- Deductible IRA contributions (not Roth)
- Foreign earned income exclusion and housing deduction
- Excluded savings bond interest
The two are similar, but have some slight differences. TurboTax will automatically calculate MAGI when it's needed for determination of a deduction or credit.
For a more in-depth treatment of MAGI please see What is Modified Gross Income and How Is It Calculated?
[Edited 1/14/2026 1:52 PM PST] @dwitkow08873
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
3 weeks ago