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Topical Terminology > Adjusted Gross Income ("Agi")



1 Definition

Adjusted Gross Income ("AGI")

For Adjusted Gross Income ("AGI") we have a term and definition in Charitable Donation.



Adjusted Gross Income ("Agi") (Charitable Donation)

The sum of an individual’s taxable income for the year is the total at the bottom of the first page of form 1040. Individuals may deduct charitable cash contributions up to 50% of AGI; they may deduct gifts of appreciated securities and appreciated property up to 30% of AGI.




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