Forming limit diagram (FLD) is one of the useful tools in the assessment of the sheet formability for designing industrial products. Experimental methods have been developed to determine FLDs. Costly and time-consuming experiments have led to several studies on the use of analytical methods and finite element softwares for predicting FLDs. In the present study, the necking and fracture forming limit curves of AA2024 aluminum alloy sheet were experimentally and numerically obtained through the hemispherical stretching test. Different geometries of the initial blank were considered to create different strain paths. The commercial finite element code Abaqus/Explicit was utilized to simulate experimental tests. Using theoretical equations and experimental results, fracture properties of the aluminum sheet in terms of the equivalent plastic strain at fracture, the stress triaxiality and the Lode angle parameter were captured and implemented in the Abaqus software. In order to capture necking forming limit strains, a numerical criterion based on the major strain variation in the necking zone has been considered. The comparison of the results shows that the numerical model can predict the forming and fracture limit strains with the maximum error of about 6%.