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How do you calculate your AGI?

 
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ModestaL
New Member

How do you calculate your AGI?

The Adjusted Gross Income (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, alimony income and interest from a bank account—minus specific deductions, or “adjustments” that you’re eligible to take.
  • Your AGI is calculated before you take exemptions and the standard or itemized deduction—which you report in later sections of the return.

For Example: If my income from my job and other income is $40,000 and my deductions is $5,000 then my AGI is $35,000 (which is reported on Form 1040 – Line 37  Form 1040A – Line 21  Form 1040EZ – Line 4  Form 1040NR – Line 36 and Form 1040X – Line 1, Column A).

Here's a link with more information about AGI:https://turbotax.intuit.com/tax-tips/irs-tax-return/what-is-adjusted-gross-income-agi/L2C6rCEit

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16 Replies
ModestaL
New Member

How do you calculate your AGI?

Are you referring to your current return?

How do you calculate your AGI?

No last year's @TurboTaxModesta
ModestaL
New Member

How do you calculate your AGI?

Okay, your prior year AGI will be listed on your tax return from last year: Form 1040 – Line 37  Form 1040A – Line 21  Form 1040EZ – Line 4  Form 1040NR – Line 36 and Form 1040X – Line 1, Column A). Do you have a copy? Did you file with TurboTax last year or somewhere else?

How do you calculate your AGI?

Yes, 2018

How do you calculate your AGI?

Since we have taxes taken out of our SS payments, will that affect AGI?

How do you calculate your AGI?

I have been filing with Turbo Tax for many years

How do you calculate your AGI?

No the SS withholding doesn’t affect your AGI.  Your AGI is one number from your tax return.  
How to find the AGI   <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/replies/3301618">https://ttlc.intuit.com/replies/3301618</a>
turbo2866
New Member

How do you calculate your AGI?

i need last years

How do you calculate your AGI?

How to find the AGI   <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/replies/3301618">https://ttlc.intuit.com/replies/3301618</a>
ModestaL
New Member

How do you calculate your AGI?

The Adjusted Gross Income (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, alimony income and interest from a bank account—minus specific deductions, or “adjustments” that you’re eligible to take.
  • Your AGI is calculated before you take exemptions and the standard or itemized deduction—which you report in later sections of the return.

For Example: If my income from my job and other income is $40,000 and my deductions is $5,000 then my AGI is $35,000 (which is reported on Form 1040 – Line 37  Form 1040A – Line 21  Form 1040EZ – Line 4  Form 1040NR – Line 36 and Form 1040X – Line 1, Column A).

Here's a link with more information about AGI:https://turbotax.intuit.com/tax-tips/irs-tax-return/what-is-adjusted-gross-income-agi/L2C6rCEit

How do you calculate your AGI?

How do you find out your deductions? All I have is my w-2 but it won't let me file til I have the AGI
ModestaL
New Member

How do you calculate your AGI?

You would sign in, click on Take me to my return, then, Federal Taxes tab and the Deduction and Credits tab.

How do you calculate your AGI?

The problem is I had to make a different account because I forgot my password but I won't let me change it because I don't have my number I used anymore and the alternative way keeps saying something went wrong when I know I have all the correct info.
ModestaL
New Member

How do you calculate your AGI?

If you need help getting your TurboTax Online User ID or password, go to our account recovery page <a rel="nofollow" target="_blank" href="https://myturbotax.intuit.com/account-recovery/">https://myturbotax.intuit.com/account-recovery/</a> (click the link) and follow the instructions.

If you have changed your email address and can no longer access the email you used to sign up for TurboTax, you can submit a request to change your email here: <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/replies/3300098">https://ttlc.intuit.com/replies/3300098</a> (click the link) and follow the instructions
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