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New Member
posted May 6, 2021 4:45:33 PM

I have entered my all income and deduction, now where do I can find my MAGI income number?

0 4 319
4 Replies
Level 15
May 6, 2021 6:51:53 PM

MAGI has different definitions for different purposes, and does not appear on your tax return per se.  Why do you need it?

Level 1
Mar 7, 2023 10:39:24 AM

I have the same question, and it is for IRA contribution

Level 15
Mar 7, 2023 10:51:33 AM


@Jarm1 wrote:

I have the same question, and it is for IRA contribution


To calculate your Modified Adjusted Gross Income (MAGI) for a Traditional IRA contribution use Worksheet 1-1 on page 15 of the IRS Publication 590-A.  

 

To calculate your Modified Adjusted Gross Income (MAGI) for a Roth IRA contribution use Worksheet 2-1 on page 38 of the IRS Publication 590-A.  

 

IRS Publication 590-A - https://www.irs.gov/pub/irs-pdf/p590a.pdf

Level 1
Mar 7, 2023 2:23:40 PM

Thanks so much