What ADJUSTED GROSS INCOME (AGI) means: Adjusted gross income equals gross income reduced by adjustments to income. This is the amount of income before subtracting exemptions and the standard deduction or itemized deductions.
- Definition Accelerated Depreciation:
- Dictionary depreciation that yield larger deductions in the earlier years of the life of an asset than does the straight-line method. The double (or 200 percent) declining balance method is an example of an adjusted gross income (agi) definition.
- Definition Automobile Expenses:
- Dictionary deduct automobile expenses only to the extent the automobile is used for business, for charitable purposes, for moving expense purposes, and for medical purposes. Expenses can be figured using the adjusted gross income (agi) explain.
- Definition Advance Earned Income Credit:
- Dictionary Payment by an employer based on an employee's claim to entitlement to the earned income credit. Advance earned income credit payments are treated as additional taxes on the tax return adjusted gross income (agi) what is.
- Definition Annuity:
- Dictionary to a person at specified intervals for a specific period of time or for life. The amouont may be fixed or variable. Payments represent a partial return of capital and a return on the capital adjusted gross income (agi) meaning.
How works Adjusted Gross Income (AGI meaning in Tax definitions A .
