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ksher55
New Member

Turbotax is calculating my MAGI as Maried filling jointly, however we have two work retirement plans, and the value should be $196,000. How do I fix this?

 
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JulieS
Expert Alumni

Turbotax is calculating my MAGI as Maried filling jointly, however we have two work retirement plans, and the value should be $196,000. How do I fix this?

If you are filing your return as Married filing jointly, your MAGI is based on your joint income. It doesn't depend on the number of retirement plans and it is not calculated individually.

 

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