The Adjusted Gross Income (AGI) calculation is relatively straightforward.
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
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?
Since we have taxes taken out of our SS payments, will that affect 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>
How to find the AGI <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/replies/3301618">https://ttlc.intuit.com/replies/3301618</a>
The Adjusted Gross Income (AGI) calculation is relatively straightforward.
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 find out your deductions? All I have is my w-2 but it won't let me file til I have the AGI
You would sign in, click on Take me to my return, then, Federal Taxes tab and the Deduction and Credits tab.
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.
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
I need to find my current (2019) AGI so that I can determine if any medical expenses are deductible. Where is that located in TurboTax with my current filing? (I have not submitted to IRS yet, but everything else has been entered).
@Tashalaz21 wrote:
I need to find my current (2019) AGI so that I can determine if any medical expenses are deductible. Where is that located in TurboTax with my current filing? (I have not submitted to IRS yet, but everything else has been entered).
Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. The 2019 AGI is shown in the Summary.