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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

Starting this year, charitable donations below 0.5% of adjusted gross income won’t be deductible.

From The Wall Street Journal • Apr. 6, 2026

The additional deduction will begin to be phased out for individuals with modified adjusted gross income of $75,000, or $150,000 for those who are married filing jointly, the Internal Revenue Service said.

From MarketWatch • Jan. 30, 2026

This deduction phases out for taxpayers with modified adjusted gross income over $100,000, or $200,000 for joint filers.

From Barron's • Jan. 23, 2026

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