Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

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The modified adjusted gross income (MAGI) you report on your tax return is used to determine if you qualify for certain tax benefits.

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Income Tax Your MAGI in Retirement: Year-End Tax Strategies to Save Money Strategic moves now can make a difference in your modified adjusted gross income (MAGI) when it’s time to file your return.