Where to Find AGI on Tax Return refers to the location of Adjusted Gross Income (AGI) on one’s annual tax filing. For example, on the 1040 form, AGI is found on line 11.
Determining AGI is crucial because it serves as the basis for calculating taxable income, determining eligibility for tax deductions and credits, and comparing income to prior years. Historically, AGI has undergone revisions to refine its calculation, such as the inclusion of certain deductions and exclusions.