Adjusted Gross Income (AGI) Tax Calculator
Calculate your federal Adjusted Gross Income (AGI) based on IRS Form 1040 guidelines. Combines employment wages, freelance income, investment dividends, capital gains, and above-the-line Schedule 1 adjustments including HSA contributions, traditional IRA deductions, educator expenses, and student loan interest.
Adjusted Gross Income (AGI) Calculator
Estimate your federal Adjusted Gross Income (IRS Form 1040 Line 11) using income sources and above-the-line Schedule 1 tax deductions.
1. Total Income Sources (W-2, 1099, Investments)
2. Above-The-Line Adjustments (Schedule 1 Part II)
These deductions reduce your income directly before calculating your AGI—regardless of whether you take the standard deduction or itemize!
Before any above-the-line adjustments
Includes $848 deductible half of self-employment tax
IRS Form 1040 Line 11
Why Your AGI Matters
Your Adjusted Gross Income is the critical metric the IRS uses to calculate phase-outs for tax credits (Child Tax Credit, Earned Income Credit), deduction limits (IRA deductibility, medical expense floor), and Medicare Part B/D premium surcharges (IRMAA).
How to Use Adjusted Gross Income (AGI) Tax Calculator
Enter Total Income Sources
Provide W-2 wages, net 1099 self-employment income, dividend distributions, and capital gains.
Enter Above-The-Line Deductions
Input HSA contributions, student loan interest (up to $2,500), and traditional IRA deductions.
View Calculated AGI
Review your total gross income, total adjustments, and final Form 1040 Line 11 AGI.
Frequently Asked Questions
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