What is my estimated yearly income?

hannahdaw10 · ‎June 7, 2020

xmasbaby0 · ‎June 8, 2020

Why are you asking that question? What are you trying to do?

**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.**

Hal_Al · ‎June 8, 2020

The term "estimated yearly income" does not exist on the personal income tax form 1040. So, as others have indicated, the answer to you question depends on why you need the info.

Line 7b is your total (reportable) income*

Line 8b is your Adjusted Gross Income (AGI)

Line 11b is your Taxable income (after all deductions and adjustments)

*This is most likely the amount you are looking for. But "estimated" seems to indicate you really want the 2020 amount, not the 2019. Only you can provide that.

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What is my estimated yearly income?