adjusted gross incomes
adjusted gross incomes is the plural of adjusted gross income.
Meaning of adjusted gross income
Noun
adjusted gross income (plural adjusted gross incomes)
- 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
- Synonyms:
- AGI
Questions about adjusted gross incomes
- What is adjusted gross incomes the plural of?
- Adjusted gross incomes is the plural of adjusted gross income.
Words near adjusted gross incomes in the dictionary
Source and license
Adapted from Wiktionary: adjusted gross incomes (page history and authors); adjusted gross income (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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Cite this entry: “adjusted gross incomes.” Word.ws, https://word.ws/adjusted_gross_incomes. Based on Wiktionary, CC BY-SA 4.0.
