I’m trying to use TaxAct to file my federal taxes for free. My gross income was $66,263.62. The free file is eligible if your AGI is $65,000. I contributed more than $3,000 to a pre-tax 401k through payroll deductions. Would that reduce my AGI?
I’m trying to use TaxAct to file my federal taxes for free. My gross income was $66,263.62. The free file is eligible if your AGI is $65,000. I contributed more than $3,000 to a pre-tax 401k through payroll deductions. Would that reduce my AGI?
Yes – your W-2 box 1 wages already has pre-tax 401k contributions taken out of it.
Use freetaxusa federally free for everything and state is cheap
https://www.irs.gov/pub/irs-pdf/i1040gi.pdf
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