adjusted gross income
Pre-deduction tax figure
Adjusted gross income is a tax term for total income minus certain deductions—retirement contributions, student loan interest, alimony payments, and similar adjustments.
It determines eligibility for various tax credits and deductions.
Often abbreviated AGI: Your adjusted gross income appears on line 11 of the form.
- tax returnIncome declaration to government
- earningsMoney gained from work
- wagesPayment for work
- tax bracketTaxable income category
- above the lineMass media advertising
salary · W-2 form · exemptions · taxpayer · take home pay · Schedule C · filing status · capital gains · business expenses · itemized deductions · tax credits · medical expenses · standard deduction · capital losses · tax refund · retirement contributions · charitable contributions · Form 1040
- incomesalary, earnings, wages, pay, net earnings
- Federal TaxesIRS, tax return, tax refund, Form 1040, 1040
- taxationtax, sales tax, tax return, tax refund, tax code
- income taxtax return, tax brackets, tax rates, tax bracket, tax rate
- personal taxcapital gains, property tax, estate tax, inheritance tax, gift tax
- tax terms1040, W-2, 1099, W-4, tax refund
adjusted gross incomegross income
Earnings before any deductions
taxable income · net income · take-home pay · tax liability · net pay
adjusted gross incomeexpenditures
Money paid out
losses · outflows · tax deductions · deductions · outlays
adjust, adjusted, adjusting, adjusts, adjustment, adjustments, adjustable, readjust, readjusted