Calculate Your Income | Tax
Gross Income - Above-the-Line Deductions = Adjusted Gross Income (AGI) ⚖️ Step 3: Choose Your Standard or Itemized Deduction
Start by adding up every dollar you earned throughout the year. This is your "raw" income before any reductions. calculate your income tax
: Rental income, gambling winnings, and distributions from retirement accounts. 📉 Step 2: Determine Your Adjusted Gross Income (AGI) Gross Income - Above-the-Line Deductions = Adjusted Gross