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adjusted gross income

American  

noun

  1. (in U.S. income-tax returns) the total of an individual's wages, salaries, interest, dividends, etc., minus allowable deductions. AGI


Example Sentences

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Top-bracket returns have pass-through income and adjusted gross income above $200,000 or more.

From The Wall Street Journal Sep. 4, 2026

Be careful: Long-term care costs are often deductible above a threshold of 7.5% of adjusted gross income.

From The Wall Street Journal Sep. 4, 2026

Eligibility for your ACA health-insurance subsidy is based on your modified adjusted gross income.

From MarketWatch Aug. 14, 2026

The distributions are added to adjusted gross income and are subject to income-tax rates of up to 37%.

From Barron's May 9, 2026

In 2025, married couples with 2023 modified adjusted gross income above $212,000 paid IRMAA.

From MarketWatch May 8, 2026

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