to reach your adjusted gross income: Once you’ve added up your total deductions, you transfer that figure to line 10 on the front page of your Form 1040. What Is the Difference Between Gross ...

Charitable contributions must be claimed as itemized deductions on Schedule A of IRS Form 1040. Charitable cash contributions to qualified charities cannot exceed 60% of an individual's AGI.

Social Security beneficiaries may face taxes if they have additional income sources or due to the COLA increase. Here's how to determine if you're affected.