Modified adjusted gross income (MAGI) is a calculation used by the IRS to determine eligibility for certain tax benefits, such as the Roth IRA, the Saver's Credit, and the Health Savings Account (HSA).

MAGI is calculated by taking your adjusted gross income (AGI) and adding back certain deductions, such as …

Adjusted gross income (AGI) is a calculation used by the Internal Revenue Service (IRS) to determine your taxable income. It is calculated by taking your gross income and subtracting certain deductions and adjustments.

To calculate your AGI, you will need to gather the following information from your tax return:

• Your …