Adjusted Gross Income, Explained in 4 Minutes
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.