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  2. Adjusted gross income - Wikipedia

    en.wikipedia.org/wiki/Adjusted_gross_income

    In the United States income tax system, adjusted gross income (AGI) is an individual's total gross income minus specific deductions. [1] It is used to calculate taxable income, which is AGI minus allowances for personal exemptions and itemized deductions. For most individual tax purposes, AGI is more relevant than gross income.

  3. Adjusted Gross Income: What It Is and How To Calculate ... - AOL

    www.aol.com/adjusted-gross-income-calculate...

    Adjusted gross income is an important number used to determine how much you owe in taxes. It’s a factor in determining your federal tax bracket and taxable income — the portion of your income ...

  4. What Is Adjusted Gross Income & Why Does It Matter? - AOL

    www.aol.com/finance/adjusted-gross-income-why...

    Adjusted Gross Income (AGI) is your gross income minus all the adjustments to income you claim on your tax return. See how to calculate your AGI and MAGI.

  5. Social Security & AGI: What's Included in Your Taxable Income?

    www.aol.com/social-security-included-adjusted...

    What Is Adjusted Gross Income (AGI)? Your AGI is the total income that you report on your tax return after accounting for specific deductions. It includes your wages, dividends, capital gains ...

  6. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    Tax as determined by the taxpayer may be adjusted by the taxing jurisdiction. For federal individual (not corporate) income tax, the average rate paid in 2020 on adjusted gross income (income after deductions) was 13.6%. [1] However, the tax is progressive, meaning that the tax rate increases with increased income. Over the last 20 years, this ...

  7. Understand AGI and How to Calculate It - AOL

    www.aol.com/news/understand-agi-calculate...

    When it comes to filing income taxes, it's essential to understand your adjusted gross income, or AGI, and its relationship to certain tax benefits. "The reason it matters is because a lot of ...

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