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2. What is net pay? How to calculate the money you're taking ...

   www.aol.com/net-pay-calculate-money-youre...

   It's important to keep track of how much you've earned throughout the tax year. Here's how net pay works and its difference from gross pay.

3. Adjusted Gross Income: What It Is and How To Calculate ... - AOL

   www.aol.com/adjusted-gross-income-calculate...

   To calculate your AGI, you subtract specific deductions from your gross income. ... Your net pay may differ from your adjusted gross income because it reflects deductions that are not part of the ...

4. 15 Self-Employment Tax Deductions You Should Know - AOL

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   This deduction includes up to $23,000 as an employee, and up to 25% of net earnings (up to $45,000) for a total of $69,000 in deductions. This can massively lower your tax burden and save ...

5. Adjusted gross income - Wikipedia

   en.wikipedia.org/wiki/Adjusted_gross_income

   In the United States income tax system, adjusted gross income (AGI) is an individual's total gross income minus specific deductions. [1] It is used to calculate taxable income, which is AGI minus allowances for personal exemptions and itemized deductions. For most individual tax purposes, AGI is more relevant than gross income.

6. 6 factors that affect how much income tax you pay - AOL

   www.aol.com/finance/2016-01-05-6-factors-that...

   Check out our federal income tax calculator. 1. Taxable Income ... the taxes you pay depend on your filing status. ... You can also itemize your deductions by adding up all of your eligible expenses.

7. What Is a Tax Deduction and How Do Tax Deductions Work? - AOL

   www.aol.com/finance/tax-deduction-tax-deductions...

   Tax deductions lower your taxable income, which reduces the amount of income tax you’re required to pay. Most tax deductions are expenses that you pay either to generate income or provide a ...