Your adjusted gross income, or AGI, is your taxable income prior to deducting your standard or itemized deductions. The number is used by the IRS to determine whether you qualify for certain tax ...

Markets and economics are complex. It's easy to be overwhelmed by a sea of wonky indicators and lose track of why they matter. This series breaks down the basic terms and ideas that move the markets.

The IRS defines adjusted gross income as “gross income minus adjustments to income.” It’s a number that is included on your federal tax form, and many states use it for their own income tax ...

Adjusted gross income: Your total income minus any allowable deductions. This number is essential for calculating your tax ...

When it’s time to calculate your tax bill, knowing your adjusted gross income (AGI) is a crucial first step. If you file your tax return online (or have your tax preparer do it), you’ll need ...

So again, that's not the amount you pay tax on, but it's an important number itself this half-time score, if you will because that number AGI determines whether you're eligible or not for a host ...

It is the net income generated by the farm compared ... of those three years of Farm AGI to the total Average AGI. If this number is greater than 75%, you qualify for the higher payment cap.

Remember, AGI is income after expenses. Most farms now have a fair number of farm equipment trades, and they usually show net gains on Form 4797 and a net loss on Schedule F. Are farmers allowed ...

AGI is an important number on your tax return because many tax benefits, deductions, credits and other additional taxes or charges are based on AGI. With a lower AGI, income tax on Social Security ...