Tax terminology can often feel like a foreign language, but there are a few standard terms a taxpayer will benefit from understanding. Adjusted gross income, or AGI, is one of these terms, and most ...

When it comes to filing income taxes, it's essential to understand your adjusted gross income, or AGI, and its relationship to certain tax benefits. "The reason it matters is because a lot of ...

Adjusted gross income is a significant number to understand when filing your taxes. It plays a vital role in the amount you owe in taxes and can impact other aspects of your financial life. This ...

Recent changes to the income tax laws have rewritten the rules for claiming and calculating deductions. The basic process is still the same, though: Calculate your total income and then make some ...

The AGI calculation depends on the tax return form you use; some forms allow you to take more adjustments to income than others. Your AGI will never be more than the total income you report on your ...

The IRS uses your modified adjusted gross income (MAGI) to determine whether you qualify for important tax benefits like deducting contributions from your individual retirement account (IRA) and ...

Modified adjusted gross income, or MAGI, might sound like just more tax jargon, but knowing how to calculate your MAGI is key to determining your eligibility for several valuable tax benefits, ...

The concept of adjusted gross income is intimidating to many people, especially given how long and complex tax returns have gotten. Yet if you're like millions of Americans whose sole source of income ...