rjs
Level 15
Level 15

Retirement tax questions

There are about a dozen different definitions of Modified Adjusted Gross Income (MAGI) for different purposes. Are you referring to the higher Medicare premiums if your MAGI is more than a certain amount? For that purpose, MAGI is Adjusted Gross Income (AGI) plus tax-exempt interest. On your 2020 Form 1040 it's line 11 plus line 2a.