MollsBBU
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After you file

Your tax return does not display your MAGI, you will need to calculate it by first checking your AGI. To locate your AGI:

  1. With your return open, click My Account
  2. Then, Tools
  3. Under "Other Helpful Links", click View Tax Summary
  4. Your Adjusted gross income should be third on the list

Next, to calculate your modified adjusted gross income (MAGI), take your AGI and add back certain deductions. Many of these deductions are rare, so it's possible your AGI and MAGI can be identical. According to the IRS, your MAGI is your AGI with the addition of the following deductions, if applicable:

  • Student loan interest
  • One-half of self-employment tax
  • Passive loss or passive income
  • IRA contributions, taxable social security payments
  • The exclusion for income from U.S. savings bonds
  • The exclusion under 137 for adoption expenses
  • Rental losses
  • Any overall loss from a publicly traded partnership

Read more here:  https://turbotax.intuit.com/tax-tools/tax-tips/IRS-Tax-Return/What-Is-the-Difference-Between-AG...

Also, you may enter an amount of Roth contribution as if you contributed, and TurboTax will let you know if your MAGI is too much, then will list your MAGI. To visit this section and determine your financial eligibility to contribute to a Roth, follow the steps below:

  1. Click the Federal Taxes tab
  2. Then, Deductions & Credits
  3. Scroll down to the "Retirement and Investments" section. 
  4. Next to "Traditional and Roth IRA Contributions", click Start or Revisit
  5. Check the box for Roth IRA on the next screen and click Continue
  6. Follow the interview screens. You will come to the final screen that will tell you if you qualify and will list your MAGI if you don't

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