Modified Adjusted Gross Income

Modified Adjusted Gross Income (MAGI) is a calculation that starts with one's Adjusted Gross Income and then applies various modifications to that amount.

There are multiple versions of MAGI, and one should take care to use the applicable modifications.

MAGI for traditional IRA purposes
Modified AGI for traditional IRA purposes

MAGI for Roth IRA purposes
Modified AGI for Roth IRA purposes

MAGI for Affordable Care Act purposes
Modified AGI for Affordable Care Act purposes

MAGI for Student Loan Interest deductibility
Page 21 of Publication 970

MAGI for rental passive loss allowance
Page 4 of Publication 925