Paul is correct but his answer is perhaps confusing to what I think your question is. 1X TAE is 1X TAE, so you use whatever volume you need to make for your gel and then add the appropriate amount of powdered agarose. The agarose does not make a significant change to the volume hence you don't need to factor it in.
So for your gel you would use 40ml of TAE and 0.48g agarose (instead of 0.4 for the 1%).