Accounting First calculate the adjusted gross income (AGI), then calculate taxable income, and finally calculate the balance

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Accounting First calculate the adjusted gross income (AGI), then calculate taxable income, and finally calculate the balance due/refund.Adjusted gross income (AGI) Minus: Deductions from AGI: Taxable income Tax on taxable income without dividends/net long-term A Click the icon to view the items on the farm 1065 (Click the icon to view the capital gain rates for 2020.) dard Deduction