Because your AGI is calculated based on all your sources of income for the year, it can fluctuate based on a variety of factors, including whether you got a raise or lost a job; if you have sold a house, received a bonus, or inherited or if you have
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What is Modified Adjusted Gross Income (MAGI)? Modified Adjusted Gross Income (MAGI) is an important number. It first determines whether you can contribute to a Roth IRA and whether you can deduct IRA contributions. It also determines whether you qu
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