Tag: deductions

Adjusted Gross Income Definition

See Also: Financial Ratios Operating Profit Margin Ratio Net Profit Margin Adjusted Gross Income Margin vs Markup Adjusted Gross Income Definition The adjusted gross income definition (AGI) is a taxpayer’s gross taxable income. It consists of total income minus allowable adjustments. These allowable adjustments, also known as “above the line deductions,” reduce the amount of

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