Adjusted Gross Income
Definition
AGI. The amount used in the calculation of an individual's income tax liability; one's income after certain adjustments are made, but before standardized and itemized deductions and personal exemptions are made.
 Cite this definition
'Adjusted Gross Income
' appears in the definitions of these terms on BusinessDictionary.com
standard deduction, tax deduction
Related Research Articles from the InvestorGuide.com University
Tax PreparersHere we describe how to find and evaluate tax preparers. We list the questions you should ask, and we explain the different types of tax professionals. We also list numerous deductions you may not have considered, and we talk about estate planning strategies. 
Audits and FraudLearn everything you need to know about correspondence audits, office audits, and field audits. Also describes tax shelters, and how to avoid abusive and illegal ones.
Taxes and Your RetirementIt's always a good idea to plan for the future. Learn about the taxes associated with social security, pensions, annuities, 401(k) plans, and IRAs.
Featured Sponsor
|
