For Adjusted Gross Income (AGI) we have terms and definitions in 3 topics. The topics are Employee Benefits, Finance and Homeowners Insurance.

Gross income minus the deductions allowed by Code section 62.
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Gross income less allowable adjustments, is the income on which an individual is taxed by the federal government.
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This is your total income from all sources minus any allowable deductions, such as alimony, payments to a Keogh Plan, or payments to an Individual Retirement Account.
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