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I need my current year agi to know how much i am limited in contributing to my IRA, where can I find the estimated MAGI before I file my taxes?

Forum|Forum|7 years ago
June 1, 2019
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turbotax says I have to look on my 1040 to find my agi, but I need a MAGI to calculate my maximum deductible roth contribution for the year before I make the contribution, and then report the contribution when I file, so how do i get an accurate estimation of MAGI before I file?

ItsDeductible Online

Best answer by DoninGA

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. The 2018 AGI will be listed

DoninGAAnswer

Employee

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. The 2018 AGI will be listed

macuser_22

Employee

You can find the AGI but not the MAGI since it is only viewable on the "Roth IRA Contributions Limit Worksheet" only after a contribution has been entered.

The easiest way, is after entering all of your income, go to the IRA contribution section and enter the Roth contribution. If your MAGI is too high TurboTax will tell you the exact amount that it is over by. You can always return to the interview and remove or change any contribution entered.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**