MAGI

Appendix:Variations of "magi" English Noun en modified adjusted gross income. en The One, Big, Beautiful Bill https://waysandmeans.house.gov/wp-content/uploads/2025/05/The-One-Big-Beautiful-Bill-Section-by-Section.pdf 2025-05 37 w:United States House Committee on Ways & Means In the case of a taxpayer with modified adjusted gross income (MAGI) over $400,000 ($200,000 for a married taxpayer filing a separate return), the cap would phase down by 20 percent of the excess of MAGI over the threshold until it reaches $10,000 ($5,000 for a married taxpayer filing a separate return). https://web.archive.org/web/20260921194135/https://waysandmeans.house.gov/wp-content/uploads/2025/05/The-One-Big-Beautiful-Bill-Section-by-Section.pdf 21 September 2026