Questions tagged [adjusted-gross-income]
The adjusted-gross-income tag has no usage guidance.
14
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Calculate total NET payment with overtime hours in a partial month
I am trying to learn how to calculate the NET payment for a partial month and the overtime (net and gross) based on some random payments and facts I found from the past. I got stuck with a specific ...
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Adjusted Gross Income for TurboTax
In order to file my taxes using TurboTax, I need by AGI (adjusted gross income) for 2019. Since I used form 1040, the adjusted gross income in on line 8b. However, when I downloaded the form, it is ...
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Is there a way to reduce "gross total income" in ITR? (India)
I'm an Indian student trying to decide my college. There's a really good college I'd like to join (can't mention its name for privacy reasons) but its annual fees is absymally high (close to triple of ...
2
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Mailed 2018 taxes-Not processed so no AGI or pin...how do I efile?
I mailed my 2018 Federal Taxes 4/11/20...they have not been processed yet. I was told by IRS to go ahead and file my 2019 taxes...I want to use efile, since mailing didn't work well. There isn't any ...
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First semi monthly paycheck not adding up to Gross salary
I received my first pay-check, and I dont think the details are adding up.
Yearly salary: $85000
Semi-monthly salary expectation, before tax: $3541.67
Actual salary received before tax: $2897.73
After ...
- 103
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Adjusted Income vs Adjusted Gross Income
I am done with my federal tax W4 form but I am not 100% sure about one line 4 of the deductions and adjustments worksheet.
Are Adjusted Income and Adjusted Gross Income the same?
To me the Adjusted ...
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Can my student loan interest apply for an above-the-line deduction when I'm on my grace period?
I was reading this article on 2019 tax deductions:
https://www.fool.com/taxes/2019/01/13/your-2019-guide-to-tax-deductions.aspx
I recently graduated college in May and started work in July 1st. I ...
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Taxable scholarship is part of AGI. How do I calculate how much tax I have to pay?
I am filing taxes for the part time, and I don't know how much tax I have to pay. IRS says that taxable scholarship should be listed on the wages line, and this is eventually added to AGI. However, ...
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353
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As a Sole Proprietor, will "employer" Solo 401k contributions count towards gross income?
With a Solo 401k, I can contribute up to 25% of my income as "employer contributions." Do these contributions count toward my adjusted gross income?
Example
I make $100,000 in 2015. I am 55 years ...
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Can AGI/MAGI ever be greater than gross income?
As I understand it, Adjusted Gross Income (AGI) is the gross income minus a number of deductions. Modified AGI (MAGI) is that number with some of the deductions added back in.
Is the set of ...
- 1,221
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Am I being underpaid?
I earn £18000 pro rata for ten weeks.
This full month I have just worked is gross pay of £1384, National Insurance was £85, Tax Code 1066L therefore PAYE = £0
Shouldn't my gross pay be £1500 though, ...
- 123
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My query about my CTC, Gross salary and net pay
I am working as Software professional in reputed private concern.
After one year of my successful completion, they offered me 3 lakhs per annum package. But I am getting only Rs 20606 as net pay per ...
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733
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Do I have to pay state taxes on income not earned while living or working in that state?
[All values are approximate]
I moved to Pennsylvania, from Maine, last June 1st. I ceased all residency and employment in Maine on the 31st of May.
In doing my taxes this year (using HR Block ...
- 121
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How do capital gains count towards gross income on your tax return?
In the US, when tallying gross income, do capital gains (short term or long term) count toward your gross income, before capital losses? OR do capital losses subtract from your capital gains before it ...
- 20.1k