Adjusted Gross Income Explained (For Anyone To Understand!)

Have you ever wondered what adjusted gross income (or AGI) is? Well, then you have come to the right video because I explain exactly what adjusted gross income is and what it means for you. Taxes are complicated and learning about adjusted gross income (AGI) is a basic tax concept that everyone should know.

#AGI #AdjustedGrossIncome #TaxPlanning
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Timestamps:
0:00 Introduction
0:28 What is adjusted gross income? (AGI)
1:20 Adjustments to income
1:50 Why you want to lower your adjusted gross income
3:00 Not all adjustments apply to everyone
3:30 The IRA adjustment available to most people
4:43 modified adjusted gross income (MAGI)
5:34 When modified adjusted gross income is used
6:10 TAKE ACTION!

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Видео Adjusted Gross Income Explained (For Anyone To Understand!) канала OnCashFlow