Adjusted Gross Income (AGI) is your total income minus certain above-the-line deductions. It appears on Line 11 of Form 1040 and is used to determine eligibility for tax credits, deductions, and other tax benefits.

How do I calculate my AGI?

Add all taxable income (wages, interest, dividends, self-employment, etc.), then subtract above-the-line adjustments such as IRA contributions, student loan interest, and self-employed health insurance. The result is your AGI.

What are above-the-line deductions?

Above-the-line deductions reduce your income before calculating AGI. Common ones include Traditional IRA deductions, student loan interest (up to $2,500), educator expenses (up to $300), self-employed health insurance, and 50% of self-employment tax.

Is this AGI calculator free?

Yes. Our AGI calculator is free with no sign-up. Enter your income and adjustments to get your estimated Adjusted Gross Income instantly.

What income counts toward AGI?

Wages, salaries, tips, interest, dividends, capital gains, self-employment income, rental income, retirement distributions, unemployment, Social Security (taxable portion), alimony received, and other taxable income. Exclusions like municipal bond interest do not count.

Does AGI affect my Roth IRA contribution limit?

Yes. Roth IRA contributions are phased out based on your modified AGI (MAGI). Higher AGI can reduce or eliminate your Roth contribution limit. Use our AGI calculator to estimate where you stand.

AGI Calculator 2026 — Adjusted Gross Income

Calculate your Adjusted Gross Income (AGI) in seconds. Your AGI (Form 1040 Line 11) determines tax credit eligibility, Roth IRA contributions, student loan deductions, and more. Enter income and above-the-line adjustments below—free, no sign-up.

Key Takeaways

AGI = Total income minus above-the-line adjustments. It appears on Form 1040 Line 11.
Your AGI affects EITC, Child Tax Credit, Roth IRA limits, student loan interest deduction, and more.
Common adjustments: Traditional IRA, student loan interest (max $2,500), educator expenses (max $300), 50% of self-employment tax.
Lower AGI = more tax benefits. Use this calculator to plan contributions before year-end.

How to Use the AGI Calculator

Enter income — Wages, interest, dividends, capital gains, self-employment, rental, unemployment, and other income.
Enter adjustments — Traditional IRA, student loan interest (max $2,500), educator expenses (max $300), self-employed health insurance, 50% SE tax, SEP/SIMPLE.
Get your AGI — Use it for Form 1040, tax credits, Roth IRA limits, and more.

Need your full tax picture? Use our US Tax Calculator or Tax Refund Calculator.

Calculate Your AGI

Adjusted Gross Income (AGI) is total income minus above-the-line adjustments. It appears on Line 11 of Form 1040.

Wages, salaries, tips

Interest income

Dividends

Capital gains

Retirement distributions

Self-employment income

Rental income

Unemployment compensation

Other income

Total income

$60,000

Minus adjustments

− $0

Adjusted Gross Income (AGI)

$60,000

What is Adjusted Gross Income (AGI)?

AGI is your total income from all sources minus specific adjustments (above-the-line deductions). The IRS uses AGI to:

Determine your taxable income (after standard or itemized deductions)
Eligibility for tax credits (EITC, Child Tax Credit, education credits)
IRA contribution limits and Roth IRA eligibility
Student loan deduction limits
Free file and other IRS programs

AGI vs. Taxable Income

AGI comes before the standard deduction or itemized deductions. Taxable income = AGI minus standard deduction (or itemized) minus qualified business income deduction. Use our US Tax Calculator to see how AGI flows into your final tax.

Why Your AGI Matters

Your Adjusted Gross Income is used to determine eligibility for the Earned Income Tax Credit, Child Tax Credit, Roth IRA contributions, student loan interest deduction, premium tax credits, and free e-file options. A lower AGI can unlock more tax benefits—our calculator helps you see how adjustments reduce it.

Income That Counts Toward AGI

Income Type	Typical Source
Wages, salaries, tips	W-2, 1099-NEC
Interest, dividends	1099-INT, 1099-DIV
Capital gains	1099-B, Schedule D
Self-employment income	Schedule C, 1099-K
Rental income	Schedule E
Retirement distributions	1099-R
Unemployment, Social Security	1099-G, SSA-1099

Exclusions (not in AGI): municipal bond interest, certain foreign earned income, gifts, life insurance proceeds.

Key Limits & Thresholds (2025–2026)

Student loan interest deduction: Up to $2,500 per return (phase-out begins at $70K single / $140K joint)
Educator expenses: Up to $300 per educator ($600 if married filing jointly, both educators)
Traditional IRA deduction: Varies by income, filing status, and workplace retirement plan coverage
Self-employment tax: 50% of self-employment tax is deductible above the line (Schedule 1)

Tips to Lower Your AGI

A lower AGI can unlock more tax credits and deductions. Consider: contributing to a Traditional IRA or employer 401(k), maxing the student loan interest deduction if you qualify, claiming educator expenses, deducting self-employed health insurance and 50% of SE tax, and making SEP or SIMPLE contributions if self-employed. Plan before December 31—many adjustments must be made during the tax year.

Use our US Tax Calculator to see how AGI flows into taxable income and final tax. Run the calculator above before filing to ensure you claim all eligible benefits.

Disclaimer: This calculator is for planning and estimation only. Tax rules can change; consult IRS publications or a tax professional for your specific situation. We are not a substitute for professional tax advice.