Where to find agi on 1040a




















However, it is important to note that some credits and deductions like the child tax credit may be based on your Modified Adjusted Gross Income MAGI instead. The total deduction amount needs to be subtracted from your AGI to get your taxable income after you have decided if you will take the standard deduction or itemize your deductions. Adjusted gross income can also be used as the starting point to file a state return in case your state has an income tax. This shall be followed by applying any state-based adjustments, deductions, and credits to get your state taxable income.

Remember, with TurboTax , we'll ask you simple questions and fill in the right tax forms for you to maximize your tax deductions. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. I agree to TheMaven's Terms and Policy. TheStreet Recommends. By Rob Lenihan. Search Help Topics: Where is my AGI located on last year's return? Was this helpful to you?

Yes No. Submit Rating. For tax years beginning , the A and EZ forms are no longer available. They have been replaced with new and SR forms. For those who are filing prior year returns, you can continue to use form A or EZ for tax years through If you plan to e-file your tax return , you may need to first find the amount of AGI from last year's return in order for the IRS to verify your identity.

You can find your AGI on the form you used to file your last year's return. Remember to consider all sources of income that contribute to your AGI, including:. AGI doesn't include exemptions or standard or itemized tax deductions , so set those aside to figure into your taxable income later.

Your AGI impacts many of the tax deductions and credits you can take at tax time. Depending on your filing status, you may be subject to an AGI limit—a dollar amount that limits the deductions you can take—which usually applies to higher income earners.



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