About JZ4284

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Solved Re: How should I calculate the MAGI

@dmertzyours is probably the best answer I can get, I'll take it. Appreciate your time and knowledge.

JZ4284

Updated Mar 26, 2025
Solved Re: How should I calculate the MAGI

Thx @dmertz- What I quoted was straightly from TT, maybe it needs to be updated if out of date.- The following line is from Worksheet 1-1. Figuring Your Modifie...

JZ4284

2

Updated Mar 26, 2025
Solved Re: How should I calculate the MAGI

@dmertz, thx for the response.Following is the TT's explanation for how it got the number, I am not sure "TurboTax performs the calculation as described in the ...

JZ4284

4

Updated Mar 26, 2025
Solved Re: How should I calculate the MAGI

My understanding is MAGI determines how much of one's traditional IRA contribution is deductible, if at all, the higher the MAGI the smaller the deductible cont...

JZ4284

Updated Mar 26, 2025
Solved Re: How should I calculate the MAGI

Found some useful info from another thread - https://ttlc.intuit.com/community/taxes/discussion/can-turbotax-tell-me-my-magi-i-saw-the-article-that-explain-how-...

JZ4284

7

Updated Mar 26, 2025

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Date Registered	‎March 22, 2025 6:39 PM
Date Last Visited	‎March 26, 2025 8:59 PM
Total Messages Posted	7

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