Reduce MAGI

bepeaceful1 — Tue, 10 Mar 2026 05:15:09 GMT

Hello,

What are the ways to reduce MAGI? Do business expenses only reduce AGI, or do they reduce MAGI as well?

Re: Reduce MAGI

STaxLady — Wed, 08 Jun 2022 19:05:30 GMT

I am happy to help. This is a great question, that can be confusing!

MAGI and AGI are very closely related, and often, though not always, the same.

Modified Adjusted Gross Income begins with Adjusted Gross Income, which is then modified, by adding- back certain deductions, based on the tax law. The calculation for MAGI is different, depending on the tax provision that is being considered.

You may find the following TurboTax article helpful in understanding the difference between MAGI and AGI.

https://turbotax.intuit.com/tax-tips/irs-tax-return/what-is-the-difference-between-agi-and-magi-on-your-taxes/L7kHckNS3

I hope this helps, bepeaceful1!

If you need more clarification, feel free to post with more details about your particular question. For example, are you referring to AGI for deduction of IRA contributions, for phase-out of particular tax benefits, etc.

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Reduce MAGI

Re: Reduce MAGI