Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

1,266
Posts
226
Votes
Mary Jay
  • Glendale, AZ
226
Votes |
1,266
Posts

AGI, MAGI, ets-question for accountants

Mary Jay
  • Glendale, AZ
Posted

 I have couple of question for accountants:

1) Is there anywhere on a tax form that calculates your total income?

Total income: from everything; from W2 + from rentals, + every other income , without any deductions. Everything, all the incomes combined...

I googled it and it says that its on a line 22 of 1040 form, but somehow that line is empty (I did my taxes through turbotax)

2) That total income is going to be always more than MAGI (modified adjusted gross income), right?

Thank you!

Loading replies...