adjusted gross income

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noun

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

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Words nearby adjusted gross income

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How to use adjusted gross income in a sentence

Using 2017 income data from the IRS, the Fed found that credit card borrowers with adjusted gross income between $46,000 and $58,000 reduced their card balances by 15 percent in the year since the pandemic began.
Millions of consumers paid down their credit card balances during the pandemic. Let’s keep this trend going.|Michelle Singletary|May 21, 2021|Washington Post
So if your household’s modified adjusted gross income in 2020 was a total of $150,001, you have to pay taxes on all unemployment benefits.
Are Unemployment Benefits Taxed?|by Karim Doumar|April 22, 2021|ProPublica
Eligibility for the Recovery Rebate Credit is based on your adjusted gross income on your 2020 tax return.
Tax season 2021: A tornado is coming|Michelle Singletary|February 12, 2021|Washington Post
Now, every adult with an adjusted gross income of up to $75,000 a year will get $600 and an additional $600 for each dependent.
How to do good with a stimulus check you don’t need|Annabelle Timsit|December 22, 2020|Quartz

That means these stimulus checks would decrease for adjusted gross income above $75,000 per individual or $150,000 per qualified couple.
Stimulus update: Congress is nearing a deal that includes $600 checks|Lance Lambert|December 17, 2020|Fortune
And as he adjusted to this change in circumstances, he screamed at himself a second time: Wait!
Powerful Congressman Writes About ‘Fleshy Breasts’|Asawin Suebsaeng|January 7, 2015|DAILY BEAST
Since then, the rising gap between the rich and middle- and lower-income families has risen to the fore.
Christie Blames Parents for Bad Economy|Monica Potts|January 3, 2015|DAILY BEAST
For the Brogpas, transforming into a tourist attraction may offer their community a way to generate much-needed income.
The Himalayas’ Hidden Aryans|Nina Strochlic|January 3, 2015|DAILY BEAST
“My dance instructor always says she earns most of her income from private teaching,” says Monir.
Iran’s Becoming a Footloose Nation as Dance Lessons Spread|IranWire|January 2, 2015|DAILY BEAST
I ask Atefeh and Monir if they see dancing as a form of income in the future, a potential career.
Iran’s Becoming a Footloose Nation as Dance Lessons Spread|IranWire|January 2, 2015|DAILY BEAST
Life is represented as struggling to free herself from the gross earthly forms that cling to her.
Women in the fine arts, from the Seventh Century B.C. to the Twentieth Century A.D.|Clara Erskine Clement
Government grants amount to about two-thirds of the income, the balance being raised by public subscription and from fees.
Showell's Dictionary of Birmingham|Thomas T. Harman and Walter Showell
Oh, but surely if we have to call ourselves Wurzel-Flummery it would count as earned income.
First Plays|A. A. Milne
They are raised on the strictest scientific principles and yield me the greater part of my income.
Ancestors|Gertrude Atherton
Nine-tenths of those who have a competence know what income they have, and are careful not to spend more.
Glances at Europe|Horace Greeley