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Definition | : | Adjusted Gross Income |
Category | : | Governmental » Rules & Regulations |
Country/ Region |
: | United States
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Popularity | : |
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Type | : |
Initialism
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Adjusted Gross Income (AGI) is the taxpayer's total income minus certain adjustments that are permitted by the Internal Revenue Service (IRS).
AGI is an individual's gross income that is reduced by specific deductions, which include various eligible expenses and adjustments. These deductions can encompass items such as student loan interest, contributions to certain retirement accounts, and other allowable adjustments outlined in the tax code.
The full form of AGI is Adjusted Gross Income
Adjusted Gross Income | Auxiliary General Intelligence
Adjusted Gross Income | American Geosciences Institute | American Graphics Institute | Analytical Graphics, Inc. | Advanced Ground Instructor | Alan Guttmacher Institute | American Gamelan Institute