Your Adjusted Gross Income (AGI) is not found on your W-2 form. The W-2 only shows your total taxable wages, tips, and other compensation from your employer in Box 1, but it does not include other income sources or deductions that factor into your AGI calculation
. To find your AGI, you need to look at your Form 1040 tax return , where AGI is reported on line 11 (for the 2024 tax year)
. Your AGI is calculated by taking your total income from all sources (including wages from your W-2, interest, dividends, capital gains, rental income, unemployment, etc.) and then subtracting allowable adjustments or deductions such as IRA contributions, student loan interest, and health savings account contributions
. In summary:
- AGI is not on the W-2.
- Use Box 1 of your W-2 as a starting point for total wages.
- Include all other income sources beyond your W-2.
- Subtract deductions to arrive at your AGI.
- Your AGI is reported on line 11 of Form 1040.
If you need last year's AGI and don't have your tax return, you can get it from an IRS transcript or your prior filed tax return
. This means to know your AGI, you must refer to your tax return, not your W-2 form.
