The calculation methods used to determine the amount of money students receive from the federal Pell Grant program are ...

The IRS provides a student loan interest deduction that lets borrowers subtract some of the payments from their taxable ...

Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for certain tax benefits or tax breaks or to determine whether you are subject ...

Medicare is an alphabet soup — and the rules can be just as confusing as the terminology. Conquer the system with this beginner's guide to Parts A, B and D.

The cap phases down for taxpayers with modified adjusted gross income above $500,000 ($250,000 for married filing separately) but cannot be reduced below $10,000.

But people making less than the existing income levels — $25,000 in modified adjusted gross income for singles, $32,000 for joint filers — get no benefit because they already pay no income tax ...

How to Calculate Your MAGI MAGI always starts with your adjusted gross income (AGI), which appears on line 11 of Form 1040.

Here are the top things you should do with your paycheck in your 20s, 30s, 40s, 50s and 60s in order to build wealth and prepare for retirement.

On the other hand, the calculation of Medicare surcharges goes by a different measure, called modified adjusted gross income, or MAGI, which does not take into account deductions like the senior ...

For individuals with modified AGI less than $25,000 and $34,000 ($32,000 to $44,000 for couples), up to 50% of Social Security benefits are subject to tax, at the taxpayer's normal tax rate.

How to Calculate Your Cost Per Hour Not Just Per Mile If you're only tracking cost per mile, you're missing the full picture—because time is money in trucking, and cost per hour is the real metric ...

The interest rate your lender gives you isn't the true cost of your mortgage. Learn how to calculate your effective interest rate, including any discount points.