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:
calculating Modified adjusted gross income (MAGI)
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12-04-2007, 01:42 AM
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Mormon Red Death
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Join Date: Jan 2006
Location: Clinton Township, MI
Posts: 3,126
Quote:
Originally Posted by
MikeWaters
http://en.wikipedia.org/wiki/Adjusted_Gross_Income
Based on this article, it seems to me that charitable contributions cannot be deducted from your MAGI. (i.e. tithing).
What is correct?
http://www.irs.gov/publications/p590/ch02.html
this officially answers your questions. From what I gather charitable donations are not included in the MAGI (there might be an exception).
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