GiseleD
Expert Alumni

Get your taxes done using TurboTax

The AGI calculation is relatively straightforward.

  • It is equal to the total income you report that’s subject to income tax—such as earnings from your job, self-employment, dividends and interest from a bank account—minus specific deductions, or “adjustments” that you’re eligible to take.
  • Your AGI is calculated before you take the standard or itemized deductions —which you report in later sections of the return.
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