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Kiplinger
Kiplinger
Business
Joy Taylor

The Many Definitions of Modified Adjusted Gross Income (MAGI)

Question marks on a pile of money.

People understandably gripe about the complexities of the federal income tax laws. Filling out your tax return is not as easy as writing a couple of numbers on a postcard and sending it to the IRS.

Just when you think that you might have a handle on your taxes, Congress changes the laws, sometimes retroactively.

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