Modified Adjusted Gross Income (MAGI) Calculator
Calculate MAGI for eligibility checks using a simple model
Common add-backs: tax-exempt interest, foreign earned income exclusion, IRA deductions (depending on program)
How to Use This Calculator
Enter AGI
Use your Adjusted Gross Income from your tax return.
Enter add-backs
Sum items added back for the program you’re checking (varies by program).
Calculate MAGI
View your Modified Adjusted Gross Income for eligibility reference.
Formula
MAGI = AGI + Add-backs (program-specific)
About MAGI Calculator
MAGI (Modified Adjusted Gross Income) is AGI plus certain add-backs used to determine eligibility for tax benefits like IRA deductions, premium tax credits, and education credits. The list of add-backs varies by program—commonly including tax-exempt interest, foreign earned income exclusions, and some deductions. This calculator provides a transparent way to combine AGI and add-backs for an estimate. For precise rules, consult the IRS instructions for the specific credit or deduction you are evaluating.
Frequently Asked Questions
Why does MAGI differ by program?
Each credit/deduction defines MAGI differently. Check the relevant instructions.
Is MAGI always higher than AGI?
Usually, because it adds back excluded income or deductions.
Where do I find my AGI?
On Form 1040 (line 11 for recent years). Add-backs are program-specific.