Adjusted Gross Income (AGI) and How to Calculate It

Learn how to calculate your adjusted gross income (AGI), a vital figure for tax filing and understanding your financial standing. This video provides clear guidance on what is AGI and how to calculate AGI, especially important when considering programs like IRS Free File. We'll also cover how to use IRS Form 1040 Schedule 1 to ensure accurate tax return preparation. 0:00 Start Here 0:05 What is Adjusted Gross Income (AGI) 0:32 Calculation Walkthrough 5:10 Additional Resources #taxes #taxseason #taxtips ☑️Love our content? Subscribe!☑️ https://www.youtube.com/channel/UCzGkdPQP87AfzmOYn_jo7Xw?sub_confirmation=1 Our website: https://apennypinchersguide.com/ DISCLOSURE: We are not financial advisers. The ideas presented in this video are for entertainment purposes only. Although the information is researched and vetted beforehand, it may not be up to date at the time of viewing. Please do your due diligence and research on the topic. You (and only you) are responsible for the financial decisions that you make.