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)
Instructions
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.
Common 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.