When it’s time to calculate your tax bill ... taxpayers whose AGI falls within certain thresholds. Your modified adjusted gross income, discussed below, is also tied to a range of tax breaks.

For 2021, there were 25 categories of additional income that must be added when calculating gross ... While the AGI is important, the modified adjusted gross income may be more important for ...

How to calculate AGI This is the total amount ... If you see the term "modified adjusted gross income," or MAGI, it is your AGI with certain deductions added back in and is used for determining ...

A djusted gross income (AGI) and modified adjusted gross income (MAGI) are two ways to calculate what your income might be for tax purposes. Both these figures directly influence your tax ...