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Get your taxes done using TurboTax
The line 11 of Form 1040 is your adjusted gross income. Adjusted Gross Income (AGI) is gross income minus adjustments to income. Gross income includes wages, dividends, capital gains, business income, retirement distributions, and other income; while adjustments to Income include Educator expenses, Student loan interest, Alimony payments or contributions to a retirement account.
Your AGI will never be more than your Gross Total Income on you return and in some cases may be lower.
You may have to review your data entries such as income and deductions and check for errors:
- Click Federal Review located on the upper right hand side of the screen .
- Click review to each details ,and it will take you to the form/s that had error/s..
- You do the same on your state income tax.
- When done fixing, go back to Federal Review to check if the return is ready to e-file.
‎February 24, 2021
5:08 PM