Word.ws English Dictionary

adjusted gross income

adjusted gross income noun: a taxpayer's total gross income minus specific deductions for things like business expenses, health savings account deductions, education expenses, and alimony payments, which is used to calculate taxable income by removing personal exemptions and itemized deductions.

Noun

adjusted gross income (plural adjusted gross incomes)

  1. A taxpayer's total gross income minus specific deductions for things like business expenses, health savings account deductions, education expenses, and alimony payments, which is used to calculate taxable income by removing personal exemptions and itemized deductions.
    • The 1976 Act added a preference for individuals for excess itemized deductions, i.e., certain itemized deductions in excess of 60 percent of adjusted gross income.1977, Ruth G. Schapiro, Tax Shelters After Tax Reform, page 272
    • The individual taxpayer must divide allowed deductions between those for adjusted gross income and those from adjusted gross income because the amount of adjusted gross income is important in the determination of some deductions from adjusted gross income.1984, Ray M. Sommerfeld, Hershel M. Anderson, Horace R. Brock, An Introduction to Taxation, page 230
    Synonyms:
    AGI

adjusted gross income meaning in Tamil

adjusted gross income in Tamil

சரிக்கட்டப்பட்ட தொகு வருமானம்

Examples of adjusted gross income in a sentence

  • That deduction can be used to reduce her taxable income by $45,000 (30% of her adjusted gross income) each year for the current year and the next three tax years.1999, Farm Income Tax Schools Workbook, page 142:
  • The credit begins to phase out for adjusted gross incomes (AGIs) over $252,150 and completely phases out at AGIs over $292,150.2025 May, “The One, Big, Beautiful Bill”, in United States House Committee on Ways & Means, page 14:

Synonyms of adjusted gross income

Forms of adjusted gross income

pluraladjusted gross incomes

Questions about adjusted gross income

What does adjusted gross income mean?
Adjusted gross income means a taxpayer's total gross income minus specific deductions for things like business expenses, health savings account deductions, education expenses, and alimony payments, which is used to calculate taxable income by removing personal exemptions and itemized deductions.
What is adjusted gross income in Tamil?
Adjusted gross income in Tamil is சரிக்கட்டப்பட்ட தொகு வருமானம். See Adjusted gross income meaning in Tamil.
How do you use adjusted gross income in a sentence?
That deduction can be used to reduce her taxable income by $45,000 (30% of her adjusted gross income) each year for the current year and the next three tax years.
What part of speech is adjusted gross income?
Adjusted gross income is a noun.
What is the plural of adjusted gross income?
The plural of adjusted gross income is adjusted gross incomes.

Words near adjusted gross income in the dictionary

  1. adjustation
  2. adjustations
  3. adjusted
  4. adjusted flow time
  5. adjusted flow times
  6. adjusted gross income
  7. adjusted gross incomes
  8. adjuster
  9. adjusters
  10. adjustest
  11. adjusteth

Source and license

Adapted from Wiktionary: adjusted gross income (page history and authors); adjusted gross income (Tamil Wiktionary) (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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