Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...

No tax on overtime' is a new break that begins in 2025, but a surprising twist will have many paying more taxes than they ...

Adjusted gross income is your total gross income minus "above the line" deductions like your 401(k) contributions. Learn how to find your adjusted gross income and why it matters.

EXAMPLE 1: Sally and Harry are married and file jointly, and their modified adjusted gross income in 2025 is $650,000. They paid $67,000 in state and local income taxes and $10,000 in local ...

Under the healthcare reform law, modified adjusted gross income will be used to determine financial eligibility for Medicaid and the State Children’s Health Insurance Program beginning in 2014.