Assertion: tax's income | /r/HasProperty | magi
Facets:
Source sentences:
text: NIIT is a 3.8% tax on the lesser of net investment income or the excess of your modified adjusted gross income (MAGI) over a threshold amount.
text: If you have a qualified student loan and a modified adjusted gross income (MAGI) at or below a certain range ($80,000 for single or head of household filers, $165,000 for married filing jointly), you can deduct up to $2,500 from your adjusted gross income.