Adjusted Gross Income (AGI) Calculator

Adjusted Gross Income (AGI) Calculator

Adjusted Gross Income (AGI) Calculator

AGI Calculator (Adjusted Gross Income)

Component Description
Total Income The total income earned by an individual before any adjustments.
Adjustments to Income Deductions allowed by the tax code, such as retirement contributions and student loan interest.
Adjusted Gross Income (AGI) The income after accounting for adjustments, which is used to determine tax liability.
Formula AGI = Total Income – Adjustments to Income
Purpose Used to determine an individual’s taxable income and eligibility for certain tax credits and deductions.

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