Finance

MAGI Calculator

Calculate your Modified Adjusted Gross Income for Roth IRA, ACA, and tax credit eligibility.

Adjusted Gross Income (AGI) ($)

Line 11 of Form 1040

Add Back Deductions

Student Loan Interest ($)

IRA Deduction ($)

Foreign Earned Income ($)

Tax-Exempt Interest ($)

Formula:
MAGI = AGI + Student Loan Interest Deduction + IRA Deduction + Foreign Earned Income Exclusion + Tax-Exempt Interest
Used for: Roth IRA limits, ACA subsidies, Medicare premiums