Adjusted Gross Income Calculator
Adjusted Gross Income (AGI) is your income minus deductions. The Adjusted Gross Income figure is important for calculating your overall tax liability. The AGI will determin your tax bracket and allow you see what tax credits you qualify for.  This Adjusted Gross Income calculator will automatically update when you add or change the variables. AGI is the bottom line on the front page of your 1040 or 1040A form. For simple gross income we recommend using the Gross Income Calculator.
Income: $ Deductions: $
Wages, Salary and Tips: IRA Contributions
Interest Gained (taxable): Student Loan Interest:
Ordinary Dividends: Moving expenses:
Capital Gains (or losses): One-half of self-employment tax
Total IRA Distributions (taxable): Self-employed health insurance contribution:
Pensions and Annuities (taxable): Contributions to SEP, SIMPLE and qualified plans:
Other: Other:
 
  Total Gross Income:  
  Total Deductions:  
  Adjusted Gross Income: