3 Common E-filing Mistakes and How to Avoid Them
Be extra careful when entering specific personal data to save the hassle of tax refund delays.
ReadAdjusted Gross Income, or AGI, is your total gross income minus any specific deductions. Those specific deductions might include IRS contributions, student loan interest payments, self-employment tax, and health savings account contributions. Calculating AGI is the first step toward figuring your taxable income, and AGI is also used to determine eligibility for certain tax breaks.
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