Find the agi and taxable income gross income $23670 adjustments $0 1 exception $8200 deduction 0

A G I = Adjustable Gross income,

1 exception = $ 8200,

A G I= Total Income (Gross Income + Amount earned through other means) - (Adjustments +Deduction)

= ($ 23670+$8200)-($ 0 + $0)

 = $ 31,870

1 exception = $ 8200, there may be many reasons for exception.

So, Taxable Income = Gross Income - 1 Exception

                                  = $ 23670 - $ 8200

                                  =  $ 15,470

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