topic Re: IRA in After you file

IRA

uclear — Sat, 24 Apr 2021 14:17:10 GMT

During the process of filling Turbtotax, I often met the term " AGI" (adjusted gross income) and "MAGI". These are needed for determining what choice I should made. How do I know what is my AGI and where I can find them. Is that the "total income" in the page of "here is a picture of your 2020 income?

Re: IRA

DanaB27 — Sat, 24 Apr 2021 14:33:42 GMT

You find your adjusted gross income (AGI) on line 11 of your Form 1040.

Please see Worksheet 1-1.Figuring Your Modified AGI for traditional IRA and Worksheet 2-1. Modified Adjusted Gross Income for Roth IRA Purposes