What is Stella's 2018 adjusted gross income ("AGI") that will be reported on Form 1040, Line...

What is Stella's 2018 adjusted gross income ("AGI") that will be reported on Form 1040, Line 7?

Solutions

Expert Solution

How to find stella's AGI for the year 2018

1.start with stella's gross income .income is on line 7 -22 of from 1040

2.add these togather to arrive at stella's total income .

3.substract stella's adjustments from total income (i.e.deduction) .

4. finally reach stella's adjusted gross income.

if stella filed a return(if married,stella & stella's spouse filed a joint tax return )the adjusted gross in come will be reported on form 1040 line-7

AGI includes more than wages earned.example-alimony,social security &business income

if stella & stella's spouse filed separate tax returns, calculate stella's total adjusted gross income by adding line 7 from both tax returns &entering the total amount .

if stella & stella's spouse will file a federal tax return,but haven't yet filed,estimate the amount that will appear in line 7 of stella form no.1040

if stella filed a tax return & stella's spouse didn't & won't file,add line 7 from stella's form 1040 to stella's spouse income earned from working.

ekkarill92 answered 1 year ago

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