MAGI Calculator

Your details

Your federal income tax filing status for the year.
W-2 wages, salary, tips, and other employee compensation.
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Net profit from Schedule C, S-corp wages, or partnership distributions.
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Taxable interest (1099-INT) plus ordinary and qualified dividends (1099-DIV).
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Net short-term and long-term capital gains from Schedule D.
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Schedule E rental income, royalties, and other passive income (net of deductible losses).
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Taxable portion of pension/annuity payments and IRA distributions (including Roth conversions).
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The taxable portion of Social Security benefits shown on Form SSA-1099 (0-85% depending on income).
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Alimony received (pre-2019 divorce agreements), gambling winnings, unemployment compensation, etc.
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Half of Schedule SE self-employment tax. Enter 0 if you have no self-employment income.
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Premiums deductible under IRC 162(l) for self-employed individuals.
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Contributions to a SEP-IRA, SIMPLE IRA, or solo 401(k) as a self-employed person.
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Traditional IRA contributions you are deducting (max $7,000 for 2025; $8,000 if age 50+). This is added back to compute IRA MAGI.
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Student loan interest paid, capped at $2,500 for this above-the-line deduction.
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Health Savings Account contributions deducted on Form 8889.
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Educator expenses ($300 cap), alimony paid (pre-2019), early withdrawal penalty, moving expenses (military), etc.
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Income excluded under Form 2555. Added back for IRA, education, student loan, and NIIT MAGI.
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Tax-exempt interest from municipal bonds (Form 1040 line 2a). Added back for ACA and IRMAA MAGI.
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The non-taxable portion of Social Security benefits. Added back for ACA / Premium Tax Credit MAGI.
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Interest excluded from income under IRC 135 for education savings bonds. Added back for traditional IRA MAGI.
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Employer adoption assistance excluded under IRC 137. Added back for IRA MAGI.
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Income from converting a traditional IRA to Roth. Subtracted when computing Roth IRA contribution MAGI.
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Affects the traditional IRA deduction phase-out range. Box 13 on your W-2 is checked if covered.
Adjusted Gross Income (AGI)Roth eligible
$95,000

Total income minus above-the-line deductions (Form 1040 line 11).

MAGI for Traditional IRA deduction$95,000
MAGI for Roth IRA contribution$95,000
MAGI for Premium Tax Credit (ACA)$95,000
MAGI for Education Credits$95,000
MAGI for Student Loan Interest Deduction$95,000
MAGI for NIIT (3.8% surtax)$95,000
Traditional IRA eligibilityFully eligible (not covered by a workplace plan)
Roth IRA eligibilityFully eligible - MAGI $95,000 is below the $150,000 threshold
Education credits eligibilityFully phased out - MAGI $95,000 exceeds the $90,000 limit
Student loan interest eligibilityPartially phased out - MAGI $95,000 is in the $85,000-$100,000 phase-out range
NIIT statusNot subject to NIIT - MAGI $95,000 is below the $200,000 threshold
IRA MAGI$95,000
Roth MAGI$95,000
ACA MAGI$95,000
Education MAGI$95,000
Student Loan MAGI$95,000
NIIT MAGI$95,000

Your AGI is $95,000 for 2025.

  • You can make a full Roth IRA contribution for 2025 (up to $7,000, or $8,000 if age 50+).
  • You are not covered by a workplace plan, so your traditional IRA contribution is fully deductible regardless of income.

Next stepUse your MAGI alongside your specific tax situation with a qualified tax advisor or software like TurboTax or H&R Block to confirm eligibility, especially if you have Roth conversion income or foreign exclusions.

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