The deductions you take to calculate AGI are referred to as “adjustments to income.” These are specific deductions that the IRS allows you to use to reduce your total income to arrive at your AGI.

To calculate your AGI, you subtract specific deductions from your gross income. Check Out: What To Do If You Owe Back Taxes ...

Your adjusted gross income, or AGI, is your taxable income prior to deducting your standard or itemized deductions. The number is used by the IRS to determine whether you qualify for certain tax ...

Regardless of which tax year it is for, the Turbo Tax fee or any tax preparation fees you paid can be deducted on your tax return. since it is a Miscellaneous Deduction, and only amounts OVER 2% of ...

You can deduct the cost of Turbo Tax as well as any tax preparation fees you paid on your tax return, regardless of the year. But because it is a Misc Deduction and only the amount OVER 2% of your AGI ...

Keep reading for everything you need to know how the AGI is calculated and ways to reduce it. The IRS defines adjusted gross income as “gross income minus adjustments to income.” It’s a ...

The additional charge varies based on the version of TurboTax you use. Some households qualify for free filing: If you have an adjusted gross income (AGI) of $36,000 or less, you're a military ...