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griduser
New Member

Can TurboTax show me my AGI so I can figure out if I'm wasting my time itemizing my expenses?

Going thru all our medical/healthcare receipts to see if we should itemize or take the standard deduction is very time-consuming. I'd like to avoid having to spend hours-to-days going thru receipts just to find out we're better off taking the standard deduction.
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Can TurboTax show me my AGI so I can figure out if I'm wasting my time itemizing my expenses?

Your 2020 AGI is on line 11 of your Form 1040.

 

PREVIEW 1040

 

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

 

 

Only the amount that is above 7.5% of your AGI "counts" as deductible medical expenses.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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2 Replies

Can TurboTax show me my AGI so I can figure out if I'm wasting my time itemizing my expenses?

Your 2020 AGI is on line 11 of your Form 1040.

 

PREVIEW 1040

 

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

 

 

Only the amount that is above 7.5% of your AGI "counts" as deductible medical expenses.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
griduser
New Member

Can TurboTax show me my AGI so I can figure out if I'm wasting my time itemizing my expenses?

Thanks a lot. I would never have looked where they put it. I tried several times to ask the “robo-help”, but it kept telling me to look on a certain line, without telling me where to FIND that line. 

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