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Level 2
posted Feb 24, 2020 9:08:26 AM

Can Turbo tax display MAGI in a simple manner without having one have to calculate it manually?

0 2 500
2 Replies
Expert Alumni
Feb 24, 2020 10:00:14 AM

Your modified adjusted gross income is different in different situations.  Your adjusted gross income is a constant and is always the starting point.  You may need to modify your adjusted gross income for a credit or alternative minimum tax or a number of different scenarios and each scenario modifies your AGI differently.  So to ask for your MAGI is not a straight forward answer.  For what purpose are you modifying your AGI?  Then you can determine how you modify your AGI.  

Level 15
Feb 24, 2020 9:30:06 PM

only in the CD download version can you open the worksheets that show the calculation.