Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,589,194,640 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Modified AGI

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Modified AGI (MAGI)
Modified adjusted gross income (MAGI) is a figure used to figure the limit on an exclusion or deduction allowed in computing adjusted gross income. Depending on the item for which MAGI is being computed, certain items taken into account in figuring adjusted gross income (AGI) are ignored. For example, for child tax credit purposes, MAGI is AGI plus any excluded foreign, U.S. possession, or Puerto Rican income. The IRS provides a worksheet for figuring MAGI whenever you are required to compute it.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Savings Bond Interest Exclusion Phaseout Based on Modified AGI Joint Return, Surviving Spouse $104,900-134,900 All Other 69,950-84,950 California SDI Federal tax deduction * $90,669 Annual wage limit 1.
The credit is phased out at a 2% rate for individuals whose modified AGI exceeds $75,000 ($150,000 for married filing jointly).
For this purpose, modified AGI is defined as it is for traditional IRA purposes, but it does not include income from the conversion.
 
 
modificatory
modified
modified
modified
modified
modified
Modified Academy of Fencing
Modified Accelerated Cost Recovery System
Modified Accelerated Cost Recovery System
Modified Accrual Accounting Option
modified acid-fast bacteria
modified acid-fast bacteria
Modified Acquisition and Assistance Request Document
Modified Adaptive Line Enhancement
Modified Adaptive Noise Cancellation
Modified adjacency matrix
Modified Adjustable Rate Mortgage
Modified Adjusted Gross Income
Modified Adjusted Gross Income
Modified Adjusted Gross Income
Modified Adjusted Gross Income
Modified Adjusted Gross Income
Modified Adjusted Gross Income
Modified Advanced Fleet Reactor
Modified Advanced Forward Looking Infrared
Modified Advanced Standard Key Management Module
Modified Advanced Underwater Weapons
Modified Advanced-Technology High-Performance
Modified Aft Signal Ejector
Modified Aggregate Deemed Sales Price
Modified AGI
Modified Air Control Center
Modified Air Defense System
Modified Airworthiness Certification Criteria
Modified Alsever Solution
Modified Alternate Mark Invert
modified American plan
modified American plan
Modified American Plan All Inclusive
Modified Amniotic Fluid Index
Modified And Combinable REMIC
Modified Antarctic Mapping Mission
Modified Antenatal Screening Questionnaire
Modified Aortic Valve Area
Modified Apollo Logistics Spacecraft
Modified Aromatic Polyimide Resin Coating
Modified Arts
Modified Arts
modified asphalt
Modified Asset Cost Recovery System
Modified Assigned Material Parameter
Modified atmosphere
Modified atmosphere packaging
Modified Atomic Charge Superposition
Modified Atoms in Molecules
Modified Audit Opinion
Modified Average Algorithm
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.