Worked like a charm, thanks a lot!
here is my code for other people, with the same question, to reference
<?php $term = $wp_query->queried_object; ?>
<article <?php post_class(''); ?>>
<div class="entry-content">
<div class="row">
<div class="col-xs-12 col-sm-6 col-md-4">
<div class="post-image">
<?php $magazineimage = wp_get_attachment_image_src(get_field('magazine_taxonomy_image', $term->taxonomy . '_' . $term->term_id), 'full'); ?>
<img src="<?php echo $magazineimage[0]; ?>" alt="<?php echo get_the_title(get_field('magazine_taxonomy_image')) ?>" class="placeholder" />
</div>
</div>
<div class="col-xs-12 col-sm-6 col-md-8">
<?php the_field('magazine_taxonomy_description', $term->taxonomy . '_' . $term->term_id); ?>
</div>
</div>
</div>
</article>