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Common Add-backs
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Results
Your AGI (Adjusted Gross Income)
Total Add-backs
Your MAGI (Modified AGI)
Calculation Principles & Formulas
The calculation for Modified Adjusted Gross Income (MAGI):
MAGI = AGI + Specific Add-back Deductions
Common add-backs include: student loan interest deduction, tuition and fees deduction, traditional IRA deduction, foreign earned income exclusion, US savings bond interest exclusion, and employer adoption benefits. Different tax credits may have slightly different add-back rules, so always consult IRS guidelines.
