Table of contents
Understanding Modified Adjusted Gross Income (MAGI)
How MAGI Differs from Adjusted Gross Income (AGI)
Calculating Your MAGI: Key Components
Why MAGI Matters: Eligibility for Tax Benefits
Common Tax Credits and Deductions Affected by MAGI
Strategies to Potentially Lower Your MAGI
MAGI in Action: Impact on Retirement Contributions
Frequently Asked Questions