12. Generally, modified adjusted gross income (MAGI) is adjusted gross income (without Social Security benefits): a. Less...

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12. Generally, modified adjusted gross income (MAGI) is adjusted gross income (without Social Security benefits):

a. Less tax-exempt interest

b. Less personal and dependency exemptions

c. Less itemized deductions

d. Less tax-exempt interest plus any foreign income exclusion

e. Plus tax-exempt interest income

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Income Tax Fundamentals 2011

ISBN: 9780538469197

29th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller

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Question Posted: Oct 10, 2024 04:00 AM

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12. Generally, modified adjusted gross income (MAGI) is adjusted gross income (without Social Security benefits): a. Less...

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Income Tax Fundamentals 2011

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