Modified Adjusted Gross Income

[GodFather]

Does anyone know if there is a worksheet or report that contains the clients MAGI?  I recognize there are many uses or reasons for needing MAGI, I'm asking in general if ProSeries provides this calculation anywhere?

[IRonMaN · Accepted solution]

I haven't accidently bumped into it at any point in time that I can remember, so I don't believe so.  But I've been wrong before so someone could still prove me wrong.

[Just-Lisa-Now-]

I don't think so, Ive never seen it, I always do it manually for ACA clients

[TaxGuyBill]

MAGI isn't a set thing.  You mentioned there are many uses or reasons for MAGI, but each of those uses/reasons may calculate MAGI differently for that specific purpose.  There are about a dozen different forms of MAGI, depending on what the MAGI is being used for. 

You would need to clarify which MAGI you are looking for.