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After you file
MAGI is calculated differently for different purposes. There are about a dozen different definitions of MAGI, depending on what it's being used for.
What do you need your MAGI for?
For most purposes the details of the MAGI calculation are not shown in TurboTax. The calculation is done behind the scenes. Even the calculated MAGI amount might not appear in TurboTax, unless it's required on an IRS form.
The only Modified Adjusted Gross Income Worksheet in TurboTax is for the Special Allowance for Rental Real Estate Activities With Active Participation in Part II of Form 8582 for Passive Activity Loss Limitations. Is that the MAGI that you are looking for?
‎February 2, 2025
6:47 PM