What is taxable income? Taxable income is generally described as gross income or adjusted gross income minus any deductions or exemptions allowed in that tax year.
Where can I find my taxable income? Your taxable income can be found on the federal income tax return you filed for the last calendar year. On IRS Form 1040, see line 43. On IRS Form 1040A, see line 27. On IRS Form 1040EZ, see line 6. On IRS Telefile, see line K1.
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