Selfie Security-Why You'll Need ID.me for IRS Online Account
Let's talk about the IRS's new identity protection process and what it means for tax filing.
ReadAdjusted Gross Income, or AGI, is your total gross income minus any specific deductions. Those specific deductions might include IRS contributions, student loan interest payments, self-employment tax, and health savings account contributions. Calculating AGI is the first step toward figuring your taxable income, and AGI is also used to determine eligibility for certain tax breaks.
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