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How are you meant to reckon your AGI without in essence “doing your taxes”?
by ebikelaw 9y ago
How are you meant to reckon your AGI without in essence “doing your taxes”?
- emodendroket 9y agoI'd guess by taking your salary and determining if it was around $66k or less.
- ebikelaw 9y agoAGI is net of deductions though, hence the "adjusted". AGI is literally the bottom line on form 1040. You can't just figure it in your head.
- emodendroket 9y agoThe US median income is well under $66k, making this is a moot point for more than half of filers. If you're on the cusp and trying to guess take the standard deduction.