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Is (MAGI) the same as (AGI)?

I am imputing information from a 1095-A form and it is asking for my dependent’s MAGI for 2019 but I can only find the AGI
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1 Best answer

Accepted Solutions
AlanT222
Expert Alumni

Is (MAGI) the same as (AGI)?

Your MAGI (Modified Adjusted Gross Income) is your AGI with the addition of the following deductions, if applicable:

  • Student loan interest
  • One-half of self-employment tax
  • Qualified tuition expenses
  • Tuition and fees deduction
  • Passive loss or passive income
  • IRA contributions, taxable social security payments
  • The exclusion for income from U.S. savings bonds
  • Foreign earned income exclusion
  • Foreign housing exclusion or deduction
  • The exclusion under 137 for adoption expenses
  • Rental losses
  • Any overall loss from a publicly traded partnership
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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
AlanT222
Expert Alumni

Is (MAGI) the same as (AGI)?

Your MAGI (Modified Adjusted Gross Income) is your AGI with the addition of the following deductions, if applicable:

  • Student loan interest
  • One-half of self-employment tax
  • Qualified tuition expenses
  • Tuition and fees deduction
  • Passive loss or passive income
  • IRA contributions, taxable social security payments
  • The exclusion for income from U.S. savings bonds
  • Foreign earned income exclusion
  • Foreign housing exclusion or deduction
  • The exclusion under 137 for adoption expenses
  • Rental losses
  • Any overall loss from a publicly traded partnership
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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