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2. Adjusted Gross Income: What It Is and How To Calculate ... - AOL

   www.aol.com/adjusted-gross-income-calculate...

   Adjusted gross income is an important number used to determine how much you owe in taxes. It's a factor in determining your federal tax bracket and taxable income -- the portion of your income ...

3. Adjusted Gross Income (AGI) vs. Modified Adjusted Gross ... - AOL

   www.aol.com/finance/adjusted-gross-income-agi-vs...

   Adjusted gross income (AGI) and modified adjusted gross income (MAGI) are two ways to calculate what your income might be for tax purposes.

4. What Is Adjusted Gross Income & Why Does It Matter? - AOL

   www.aol.com/finance/adjusted-gross-income-why...

   Adjusted Gross Income (AGI) is your gross income minus all the adjustments to income you claim on your tax return. See how to calculate your AGI and MAGI.

5. Adjusted gross income - Wikipedia

   en.wikipedia.org/wiki/Adjusted_gross_income

   In the United States income tax system, adjusted gross income ( AGI) is an individual's total gross income minus specific deductions. [1] It is used to calculate taxable income, which is AGI minus allowances for personal exemptions and itemized deductions.

6. Gross Income vs. Taxable Income: What's the Difference? - AOL

   www.aol.com/finance/gross-income-vs-taxable...

   Determining your taxable income starts with calculating AGI, which is essentially your gross income minus any above-the-line adjustments.

7. Itemized deduction - Wikipedia

   en.wikipedia.org/wiki/Itemized_deduction

   Most taxpayers are allowed a choice between itemized deductions and the standard deduction. After computing their adjusted gross income (AGI), taxpayers can itemize deductions (from a list of allowable items) and subtract those itemized deductions from their AGI amount to arrive at the taxable income. Alternatively, they can elect to subtract the standard deduction for their filing status to ...

8. Personal exemption - Wikipedia

   en.wikipedia.org/wiki/Personal_exemption

   The personal exemptions begin to phase out when AGI exceeds $309,900 for 2017 joint tax returns and $258,250 for 2017 single tax returns. Each tax exemption is reduced by 2% for each $2,500 by which a taxpayer's AGI exceeds the threshold amount until the benefit of all personal exemptions is eliminated.

9. How to Calculate Your Adjusted Gross Income - AOL

   www.aol.com/calculate-adjusted-gross-income...

   Your taxable income is not the only important figure on your tax return. Learn why AGI matters.