adjusted income

Recalculated taxable amount

Adjusted income is earnings after certain deductions or modifications have been applied.

In tax contexts, adjusted gross income (AGI) is total income minus specific deductions like retirement contributions or student loan interest—the figure used to determine tax brackets and eligibility for credits.

Other programs calculate adjusted income differently: Housing assistance is based on adjusted income after medical expenses.

Related

salary · wages · modified · brackets · withholding · paycheck · filing · tax year · exemptions · credits · tax return · federal taxes · refund · threshold · poverty · poverty line · cost of living · eligibility

Opposites
degree of modification

adjusted incomegross income

Earnings before any deductions

gross earnings · gross pay · gross wages · total compensation

calculation stage

adjusted incomegross income

Earnings before any deductions

taxable income · net income · take-home pay · disposable income

Family

adjust, adjusted, adjusting, adjusts, adjustment, adjustments, adjustable, readjust, readjusted

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