Modified adjusted gross income, or MAGI, might sound like just more tax jargon, but knowing how to calculate your MAGI is key to determining your eligibility for several valuable tax benefits, ...

The IRS uses your modified adjusted gross income (MAGI) to determine whether you qualify for important tax benefits like deducting contributions from your individual retirement account (IRA) and ...

Knowing your MAGI can help you figure out if you're eligible for certain tax deductions this filing season. Plus, learn how it differs from adjusted gross income. Many, or all, of the products ...

The IRS uses your modified adjusted gross income (MAGI) to determine whether you qualify for important tax benefits like deducting contributions from your individual retirement account (IRA) and ...

Adjusted gross income is a tax term everyone should understand. Also known as AGI, it has ramifications that extend beyond the tax season. “People are asking you all the time for your adjusted gross ...

Gross income is your total compensation before taxes or other deductions. If you think of yourself as a business, your gross income is your top-line revenue. The one thing you won't need to do in ...

Take a Financial Relief Quiz. Get matched with an Authorized Partner. Tax terminology can often feel like a foreign language, but there are a few standard terms a taxpayer will benefit from ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

Jenni Fink is a senior editor at Newsweek, based in New York. She leads the National News team, reporting on politics and domestic issues. As a writer, she has covered domestic politics and ...