For most people filing their tax returns is a burden because the process is often complex and time-consuming. TurboTax is here to ease that burden in the easiest way possible. Taxpayers who subscribe to the TurboTax software can prepare their tax returns in a systematic manner and get it checked by tax experts as well.
There are different types of subscriptions you can use on TurboTax depending on your tax requirement. If you are not sure about where to start and how to begin using TurboTax you can call the TurboTax customer support number to get a complete overview of all the features of this innovative tax preparation software.
What is AGI (Adjusted Gross Income)?
AGI or Adjusted Gross Income is calculated as your gross income minus the adjustments to income. According to your adjustments, the AGI will be equal or less than your total income. Your AGI is important because it determines the credits and deductions you can take when filing your tax returns and can impact your final tax return.
Steps to find you last year’s AGI in TurboTax
On TurboTax you can find last year’s AGI in the following ways:
- You can log in to your TurboTax account online and go to the “Your tax returns & documents” section. You can also view your AGI on the TurboTax mobile app whenever you sign in.
- Another alternate way to view your AGI is on the tax return you originally filed last year, particularly Form 1040 (Line 37), Form 1040X (Line 1, column A) or 1040A (Line 21), 1040EZ (Line 4).
- The third way is to simply order a copy of your tax return from the IRS ‘Get Transcript’ site. For security and legal reasons, the Internal Revenue Service makes it mandatory for you to provide your AGI for identity verification when e-filing.
If you cannot find your AGI or if your last year’s AGI didn’t transfer it is possible that you are in the wrong TurboTax account. You should be sure to use the same user ID you used last year when you sign in. TurboTax user should note that when you use the same email but use a different user ID it is seen as a different account entirely and hence will not include your AGI for the previous year.
In case you cannot access your last year’s account or cannot retrieve that information you can call the TurboTax technical support number and speak to a trained technician for more information. TurboTax experts are available 24 hours a day to help you retrieve all the necessary information so that you can check the Adjusted Gross Income (AGI) whenever needed.