How do you find your adjusted gross income? And how does it impact the rest of your tax return? For starters, financial stress is the highest it’s been since 2015 and tax lingo isn’t always intuitive.
To help explain your tax return, WSJ breaks down some key terminology – from gross income to above the line deductions – and explains how each connects to one important number: your adjusted gross income.
0:00 What is adjusted gross income?
0:45 How to calculate your AGI
2:43 How to save money using your AGI
WSJ Glossary
Markets and economics are complex. It's easy to be overwhelmed by a sea of wonky indicators and lose track of why they matter. This series breaks down the basic terms and ideas that move the markets.
#Taxes #AGI #WSJ
Adjusted Gross Income, Explained in Four Minutes | WSJ
Теги
adjusted gross incomegross incomeadjustmentswagesstock dividendscapital gainsinterest on student loan paymentsabove the line deductionsagihow to calculate agi from w2agi explainedwhat is an agitaxpersonal financeagi on w2short term capital gainwhat is gross incomeself employed health insurancetax breakstax creditsearned income credittax creditsavingsamerican opportunity tax creditexamples of tax breaksdeductionstax billpfin
