Akademik

adjusted gross income

( AGI)

gross income less allowable adjustments, which is the income on which an individual is taxed by the federal government. Bloomberg Financial Dictionary

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adjusted gross income adjusted gross income ➔ income

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adjusted gross income UK US noun [U] US TAX, ACCOUNTING

► AGI(Cf. ↑AGI): »He and his wife reported federal adjusted gross income of $246,428 in 2010.

Financial and business terms. 2012.