AGI Calculator
Calculate Your Adjusted Gross Income for Tax Purposes
Understanding AGI (Adjusted Gross Income)
Adjusted Gross Income (AGI) is your total gross income minus specific deductions. It's a crucial number that affects your tax liability and eligibility for certain tax benefits.
Key Components of AGI
- • Gross Income: Includes wages, salaries, dividends, interest, and other income
- • Above-the-line Deductions: IRA contributions, student loan interest, self-employment tax