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fruben
New Member

where can I find my DEPENDENT'S MAGI in turbo tax deluxe?

MAGI is needed for the marketplacehealth insurance deduction
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2 Replies

where can I find my DEPENDENT'S MAGI in turbo tax deluxe?

You will not "find" MAGI.   There are various ways and reasons to calculate MAGI.   See this related thread:

https://ttlc.intuit.com/community/taxes/discussion/agi-vs-magi/00/3454601

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

where can I find my DEPENDENT'S MAGI in turbo tax deluxe?


@fruben wrote:
MAGI is needed for the marketplacehealth insurance deduction

 

This is for the section where you are entering your 1095-A, right?  Look at your dependent's Form 1040:

  • If line 15 is MORE than zero, forget line 15 and add up: (1) Line 2a, (2) Line 6a MINUS Line 6b, (3) Line 11, and then if he has a Schedule 1, Line 8d.  In most cases, it will just be line 11 of their 1040.
  • If line 15 is zero, you DON'T enter your dependent's MAGI into your tax return.

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