What is a Adjusted Gross Income AGI Tax Lingo Defined

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What is AGI? Adjusted Gross Income, or AGI, is your total gross income minus any specific deductions. Those specific deductions might include IRS contributions, student loan interest payments, self-employment tax, and health savings account contributions. Calculating AGI is the first step towards figuring your taxable income, and AGI is also used to determine eligibility for certain tax breaks. • ______________ • Who is 1040.com? • File your taxes online for $25. One price for everyone. • Yes! File your federal and state taxes online for only $25. No hidden fees. No gotchas. No complicated price tiers. • What’s included? Everything you need. • And we’ve made the process extremely simple—you’re going to love it. • Learn more at www.1040.com. • ______________ • Follow us: • Facebook: / taxesonline • Twitter: / taxesonline • Instagram: / taxesonline • Pinterest: / 1040taxes • LinkedIn: / 68833475

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