Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on .
Most recent reply
presented by

AGI, MAGI, ets-question for accountants
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!