How is the Federal adjusted gross income calculated?

jbarran15 · ‎April 2, 2020

GiseleD · ‎April 2, 2020

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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VolvoGirl · ‎April 2, 2020

Here is a blank 1040 return. You can see what adds up to the AGI on line 8b. https://www.irs.gov/pub/irs-pdf/f1040.pdf

Or do you need your 2018 AGI to efile 2019?

You need your 2018 AGI to efile 2019. The AGI is on 2018 1040 line 7. If you filed a Joint return you use the same AGI for each spouse How to find the AGI.
https://ttlc.intuit.com/community/agi/help/how-do-i-find-last-year-s-agi/01/25947

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