Flexible and stretchable tactile sensors show promising applications in robotics, prosthetics, and wearable electronics. This paper demonstrates an electrical impedance tomography (EIT) based highly flexible, touch-sensitive pressure sensor using magnetic hydrogels. EIT technology has been explored for continuous distributed strain sensing and tactile imaging. Magnetic hydrogel composites are synthesized by simultaneous polymerization and crosslinking of acrylamide with magnetic carbonyl iron particles (CIPs). The effects of CIPs percentage on morphology, sensitivity, and electrical/mechanical properties is investigated. EIT accurately discerns pressure quantity, shape, and spatial distribution. Lower CIPs volume fractions (3%) exhibit maximum sensitivity to strain fields. Mechanical testing show the hydrogels have excellent fatigue resistance, ideal for repeated compression loading. The results demonstrate the potential of EIT with magnetic hydrogel composites for tactile sensing and imaging, with applications in soft robotics, prosthetics, and wearable electronics. The tunable sensitivity and multifunctionality make these soft composites promising materials for flexible electronics.