众所周知的是：
Most rental owners claim tax losses (to reduce W-2 income if any), even when they are making a profit. You can deduct up to $25,000 of rental losses on your tax return if your adjusted gross income is less than $150,000.
If your adjusted gross income is less than $100,000, you can deduct the full $25,000.
If your adjusted gross income is between $100,000 and $150,000, you can deduct up to ($150,000 – Your Income)/2. So if your AGI is $120,000, you can deduct up to $15,000 (150k – 120 k)/2.
鲜为人知的是：
以上的 AGI ， 严格地说，应该是 MAGI . 那么什么是 MAGI? MAGI 与 AGI 又是啥关系呢？
关于这个，我曾经回答过网友，也写过贴。 可是，每年税季还是有不少地主们前来提问： “ rental loss 把我的 AGI 降至 150K 以下了，是不是我就可以申报出租亏损了呢？ ” 也难怪，毕竟，一年只报税一次，谁没事，老惦记着 MAGI 呢！
我们还是言归正传来谈 MAGI 定义。
MAGI calculation
MAGI calculation
To calculate your modified adjusted gross income, take your AGI and add back certain deductions. Many of these deductions are rare, so it's possible your AGI and MAGI can be identical. According to the IRS, your MAGI is your AGI with the addition of the following deductions, if applicable:
- Student loan interest
- One-half of self-employment tax
- Qualified tuition expenses
- Tuition and fees deduction
- Passive loss or passive income
- IRA contributions, taxable social security payments
- The exclusion for income from U.S. savings bonds
- The exclusion under 137 for adoption expenses
- Rental losses
- Any overall loss from a publicly traded partnership
怎么样，现在恍然大悟了吧？！ 山姆让人晕，不晕都难。
Happy Filing!
REFERENCE: turbotax.intuit.com/tax-tools/tax-tips/IRS-Tax-Return/What-Is-the-Difference-Between-AGI-and-MAGI-on-Your-Taxes-/INF22699.html
