No adjustments to income are allowed on the 1040EZ, so your AGI will always equal your total income. You don’t want to pass up opportunities to take deductions just to fill out a shorter tax form. Therefore, you should familiarize yourself with all adjustments available for the tax year,...
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Distributions from a trust: Form 1041 and K-1. Royalties: Form 1099-MISC. Gambling winnings: Form W2-G. Expenses and Receipts Want to take a little money off your tax bill? Some expenses and receipts may come in handy, so grab documents like these: Property information: Mortgage interest...
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